Indonesian Shares Trade at 1-Month High

2026-07-20 02:32 By Farida Husna 1 min. read

Indonesian equities extended their winning streak into a seventh session on Monday morning, with the IDX Composite up 56 points or 0.9% to 6,231, hitting its highest level in a month.

Gains were broad-based, led by property, energy, basic materials, and transport, underpinned by strong investment momentum.

Foreign direct investment surged 27.4% yoy to a record in Q2 2026, reinforcing sentiment.

In its main trading partner, China, the central bank held the loan prime rate steady for the 14th month at its July fixing, balancing growth support with currency stability.

However, upside was capped by caution ahead of Bank Indonesia’s policy meeting this week, after a total 100bp of rate hikes in May–June to shore up the rupiah.

Globally, Dow futures fell as Gulf tensions lifted oil and reignited inflation worries, despite softer U.S.

CPI data last week.

Standout movers included Petrindo Jaya Kreasi (4.0%), Bank Rakyat Indonesia (3.0%), Indah Kiat Pulp & Paper (2.6%), and Medco Energi (2.4%).



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Indonesian Shares Trade at 1-Month High
Indonesian equities extended their winning streak into a seventh session on Monday morning, with the IDX Composite up 56 points or 0.9% to 6,231, hitting its highest level in a month. Gains were broad-based, led by property, energy, basic materials, and transport, underpinned by strong investment momentum. Foreign direct investment surged 27.4% yoy to a record in Q2 2026, reinforcing sentiment. In its main trading partner, China, the central bank held the loan prime rate steady for the 14th month at its July fixing, balancing growth support with currency stability. However, upside was capped by caution ahead of Bank Indonesia’s policy meeting this week, after a total 100bp of rate hikes in May–June to shore up the rupiah. Globally, Dow futures fell as Gulf tensions lifted oil and reignited inflation worries, despite softer U.S. CPI data last week. Standout movers included Petrindo Jaya Kreasi (4.0%), Bank Rakyat Indonesia (3.0%), Indah Kiat Pulp & Paper (2.6%), and Medco Energi (2.4%).
2026-07-20
Indonesia Stocks Retreat But Eye Solid Weekly Gain
Indonesia’s IDX Composite fell 26 points or 0.4% to 6,0982 in Friday morning trade, snapping a six-session gain. Sentiment turned cautious as U.S. futures tumbled after a weak Wall Street session overnight led by chip losses, while traders parsed earnings updates. Locally, concerns resurfaced over external debt, which hit USD 444 billion in May, though officials maintain it is manageable. Markets also braced for Bank Indonesia’s policy meeting next week, with focus on whether a tightening bias holds after 100bp hikes in May–June. Basic materials, healthcare, and industrials weighed, amid weakness from Hartadinata Abadi (-3.3%), Aneka Tambang (-2.3%), AKR Corp. (-1.5%), and Alamtri Minerals (-1.0%). Still, the index is tracking a second weekly gain, up about 3%, on strong Q2 FDI growth, which rose at the fastest rate since Q4 2024, driven by downstream mineral investment. Meantime, the government plans stronger steps to stabilise food prices and curb inflation amid El Niño supply risks.
2026-07-17
Indonesia Equities Trade Modestly Lower
Indonesian shares eased in early Thursday trade, hovering near 6,028 after two sessions of subdued momentum. Sentiment was pressured by weaker U.S. stock futures, even as Wall Street closed higher overnight on softer inflation data and a strong start to Q2 earnings. Elevated oil prices kept traders cautious, raising concerns over Indonesia’s import bill as a net oil importer. Focus also cautiously turned to Bank Indonesia’s policy meeting next week, following a cumulative 100bps of rate hikes in May–June to defend the rupiah. Still, losses were partly tempered by local media reports that the government is preparing fiscal and market steps to rein in inflation, particularly in volatile food commodities and rising industrial costs. In top trading partner China, weak Q2 GDP figures fueled hopes of fresh support measures ahead of the Politburo’s late-July meeting. Notable laggards included Sumber Global Energy (-4.1%), Sentul City (-3.1%), Rukun Raharja (-2.7%), and United Tractor (-1.7%).
2026-07-16