Indonesian Shares Rise Further Ahead of GDP Data

2026-08-05 02:37 By Farida Husna 1 min. read

Indonesia’s IDX Composite rose 33 points or 0.5% to 6,351 in Wednesday morning trade, extending the prior session’s gain as U.S.

stock futures firmed after a continued rally on Wall Street overnight that pushed the broad market to a record high, lifted by upbeat earnings and speculation of a U.S.–Iran accord to reopen the Strait of Hormuz.

Locally, July’s softer headline inflation offered near-term relief amid volatile food costs and seasonal pressure from back-to-school spending.

Clarity on the rare-earth export ban also helped, with nickel, tin, and other commodities containing trace elements allowed to resume shipments.

Gains, however, were capped by caution ahead of Q2 GDP data due later today, with growth expected to ease from Q1’s 5.6% yoy pace, while July trade figures in top trading partner China loom later this week.

Property, basic materials, and energy led the strength, with Timah Tbk up 3.9%, followed by Aneka Tambang (3.5%), Agung Podomoro (2.4%), and Indika Energy (1.2%).



News Stream
Indonesian Shares Rise Further Ahead of GDP Data
Indonesia’s IDX Composite rose 33 points or 0.5% to 6,351 in Wednesday morning trade, extending the prior session’s gain as U.S. stock futures firmed after a continued rally on Wall Street overnight that pushed the broad market to a record high, lifted by upbeat earnings and speculation of a U.S.–Iran accord to reopen the Strait of Hormuz. Locally, July’s softer headline inflation offered near-term relief amid volatile food costs and seasonal pressure from back-to-school spending. Clarity on the rare-earth export ban also helped, with nickel, tin, and other commodities containing trace elements allowed to resume shipments. Gains, however, were capped by caution ahead of Q2 GDP data due later today, with growth expected to ease from Q1’s 5.6% yoy pace, while July trade figures in top trading partner China loom later this week. Property, basic materials, and energy led the strength, with Timah Tbk up 3.9%, followed by Aneka Tambang (3.5%), Agung Podomoro (2.4%), and Indika Energy (1.2%).
2026-08-05
Indonesian Stocks Rise Modestly Ahead of Q2 GDP Data
Indonesian shares added 16 points or 0.3% to 6,251 in early trade on Tuesday, reversing a subdued session the day before as most sectors advanced, notably property, basic materials, and non-cyclicals. Sentiment was supported by stronger U.S. stock futures following an overnight rally on Wall Street that pushed the Dow Jones to a record high, aided by lower oil prices and sharp gains in major tech stocks. Locally, July annual inflation eased to a three-month low of 2.88% as food supplies improved despite El Niño risks. Meanwhile, manufacturing showed tentative recovery with July PMI at a five-month high. Gains, however, were capped by a second consecutive month of trade deficit in May, with imports outpacing exports. Caution also lingered ahead of Q2 GDP data, due on Wednesday, as markets expected slower growth after last quarter’s 5.6% surge. Leading performers included Merdeka Copper Gold (5.1%), Vale Indonesia (1.9%), Indosat (1.6%), and Bank Negara Indonesia (1.2%).
2026-08-04
Indonesian Equities Start August with Modest Gains
Indonesian stocks edged up 18 points or 0.3% to 6,256 on the first trading day of a new month, rising for the third session amid a rally in U.S. equity futures after President Trump said on Sunday he canceled a planned attack on Iran. Meanwhile, fresh data showed factory activity grew in July, with Indonesia's S&P Global Manufacturing PMI hitting a five-month high of 50.2 following a slump in June. Meanwhile, domestic fundamentals remained broadly resilient, supported by fiscal expenditure, credit expansion, and infrastructure development. In top trading partner China, the central bank signaled it will continue monetary support in H2 of 2026, pledging to maintain ample liquidity and adjust policy tools as needed. However, gains were capped by caution ahead of key data releases this week, including July inflation and May trade prints later today, and Q2 GDP in coming days. Amman Mineral Intl. gained 6.6%, followed by Mitra Adiperkasa (6.1%), Darma Henwa (3.5%), and Harum Energy (3.0%).
2026-08-03