Indonesia Stocks Set to Log 5th Straight Weekly Loss
2026-03-27 03:15
By
Farida Husna
1 min. read
Indonesia’s IDX Composite fell 71 points, or 1%, to 7,091 in early Friday trade, extending weakness in the prior session after an overnight Wall Street slump as U.S.
President Trump escalated pressure on Iran, warning of continued military action and even control of its oil.
Local markets are on track for a fifth straight weekly decline, down 0.2% so far, amid vigilance ahead of March inflation and February trade data.
On the corporate front, domestic airlines are seeking approval for a 15% hike in fuel surcharges and airfare caps as costs surge, signaling early cost-push inflation.
Still, losses were partly cushioned by reports of an additional IDR 100 trillion liquidity injection into state-owned banks, lifting total support to IDR 300 trillion to sustain credit growth.
Sectoral weakness was broad, led by infrastructure, transport, and financials.
Notable laggards included Sumber Alfaria Trijaya (-4.1%), Adaro Andalan Indonesia (-2.5%), Indosat (-2.3%), and Bank Central Asia (-2.0%).