JAKARTA – The Indonesian stock market experienced a notable downturn as the Jakarta Composite Index (IHSG) posted a 0.29% correction during the trading week spanning November 10 to 14, 2025. This broader market slump led several individual stocks to record significant price declines, emerging as the week’s top losers.
According to the weekly statistics released by the Indonesia Stock Exchange (BEI), PT Suparma Tbk. (SPMA) suffered the most substantial fall. SPMA shares plummeted by 27.17% over the week, dropping from IDR 368 to IDR 268 per share, marking it as the biggest price depreciator.
Following closely, PT Pembangunan Graha Lestari Indah Tbk. (PGLI) secured the second position among the top losers. Its shares contracted by 20%, settling at IDR 392 per share by the week’s end.
The sharp declines weren’t limited to just two stocks. PT Hotel Fitra International Tbk. (FITT) also saw its shares fall by 19.9% to IDR 765 per share. Similarly, PT Radana Bhaskara Finance Tbk. (HDFA) experienced a 15.54% drop, reaching IDR 163 per share, while PT Sinergi Multi Lestarindo Tbk. (SMLE) recorded a 13.82% decrease, closing at IDR 262 per share.
Further impacting investor portfolios, PT Nusatama Berkah Tbk. (NTBK) shares fell 11.76% to IDR 150. PT Triputra Agro Persada Tbk. (TAPG) corrected by 11.51%, closing at IDR 1,615 per share, and PT Cakra Buana Resources Energi Tbk. (CBRE) weakened by 11.46% to IDR 1,120 per share. The downward trend extended to PT Homeco Victoria Makmur Tbk. (LIVE), which saw an 11.27% dip to IDR 181, and PT Daaz Bara Lestari Tbk. (DAAZ), which registered a 10.42% decline to IDR 2,150 per share.
Despite the overall weakness in the IHSG, which closed at 8,370.43 on Friday, November 14, 2025 (a 0.29% decrease from the previous week’s 8,394.59), the market capitalization remained resilient. Kautsar Primadi Nurahmad, Corporate Secretary of BEI, stated in a written release on Saturday, November 15, 2025, that “BEI’s market capitalization was recorded steady at IDR 15,316 trillion, unchanged from the previous week.”
Interestingly, while the index declined, trading activity on the BEI showed robust growth during the November 10-14, 2025 period. Kautsar highlighted that the average daily transaction volume surged by an impressive 99.35%, reaching 53.95 billion shares, a significant jump from 27.07 billion shares in the prior week. This surge in volume was accompanied by a 33.04% increase in the average daily transaction value, which escalated to IDR 23.34 trillion from IDR 17.54 trillion.
Furthermore, the average daily transaction frequency also demonstrated a healthy uptick, rising by 24.84% to 2.7 million transactions, compared to 2.16 million transactions in the preceding week. These figures indicate a heightened level of investor engagement and liquidity within the market, even as certain stock prices faced headwinds.
Below is a comprehensive list of the top 10 stock losers from November 10 – 14, 2025:
1. SPMA: -27.17% – IDR 268
2. PGLI: -20% – IDR 392
3. FITT: -19.90% – IDR 765
4. HDFA: -15.54% – IDR 163
5. SMLE: -13.82% – IDR 262
6. NTBK: -11.76% – IDR 150
7. TAPG: -11.51% – IDR 1,615
8. CBRE: -11.46% – IDR 1,120
9. LIVE: -11.27% – IDR 181
10. DAAZ: -10.42% – IDR 2,150
Disclaimer: This news report is not an invitation to buy or sell stocks. Investment decisions are solely at the discretion of the reader. Bisnis.com is not responsible for any losses or gains arising from the reader’s investment decisions.
Summary
During the trading week of November 10-14, 2025, the IHSG experienced a correction of 0.29%. Several stocks saw significant declines, with SPMA recording the largest drop of 27.17% to Rp 268 per share, followed by PGLI, which fell 20% to Rp 392 per share.
Despite the IHSG‘s weakening performance, the BEI‘s market capitalization remained stable at Rp 15,316 trillion. The average daily trading volume surged by 99.35% to 53.95 billion shares, and the average daily transaction value increased by 33.04% to Rp 23.34 trillion, indicating heightened trading activity.
