Rancak Media – The Indonesia Composite Index (IHSG) of the Indonesia Stock Exchange (IDX) closed higher on Tuesday afternoon, buoyed primarily by a robust performance in the energy sector.
The IHSG rose by 68.04 points, or 1.11 percent, to finish at 6,195.42. Meanwhile, the LQ45 index, which tracks 45 of the most liquid blue-chip stocks, climbed 8.10 points or 1.33 percent to reach 619.27.
Maximilianus Nico Demus, Associate Director of Research and Investment at Pilarmas Investindo Sekuritas, noted that the market’s upward momentum was driven by investors processing the latest economic data. “The IHSG strengthened as market participants digested economic indicators,” Nico explained in his market analysis in Jakarta on Tuesday.
On the international front, investors remained cautious due to ongoing uncertainty surrounding U.S.-Iran negotiations, which has contributed to volatility in global crude oil markets. Additionally, market attention was drawn to conflicting statements from U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu regarding recent discussions on the conflict in Lebanon, further influencing investor sentiment.
Domestically, the Central Statistics Agency (BPS) reported that Indonesia’s inflation rate for May 2026 stood at 0.28 percent month-to-month and 3.08 percent year-on-year. This remains within the target range set by Bank Indonesia, which aims for 2.5 percent plus or minus 1 percent.
IHSG Opened Lower Friday by 17.42 Points
The BPS also provided an update on the country’s trade balance, reporting a surplus of 90 million U.S. dollars. This figure was derived from 25.30 billion U.S. dollars in exports against 25.31 billion U.S. dollars in imports.
The IHSG demonstrated resilience throughout the trading day. After opening in positive territory, the index maintained its momentum through both the first and second sessions, closing firmly in the green.
Based on the IDX-IC sectoral indices, five sectors saw gains, led by the energy sector, which jumped 1.78 percent. This growth was followed by the infrastructure sector and the basic materials sector, which recorded increases of 0.64 percent and 0.58 percent, respectively.
Market activity remained high, with a total of 2,572,956 transactions involving 31.25 billion shares, representing a total value of 25.47 trillion rupiah. Market breadth was mixed, with 281 stocks advancing, 389 declining, and 147 remaining unchanged.
Regional Asian markets showed varied results this afternoon. The Nikkei index fell by 330.33 points, or 0.49 percent, to 66,604.00. Conversely, the Shanghai index rose 17.36 points or 0.43 percent to 4,075.10, the Hang Seng index surged 640.14 points or 2.52 percent to 26,038.32, and the Straits Times index gained 51.13 points or 1.01 percent to 5,088.99.
Summary
The Indonesia Composite Index (IHSG) closed higher on Tuesday, gaining 1.11 percent to reach 6,195.42. This upward momentum was primarily driven by the energy sector, which surged 1.78 percent, alongside positive performance in the infrastructure and basic materials sectors.
Market sentiment was influenced by a mix of domestic and international factors, including Indonesia’s stable inflation rate of 3.08 percent year-on-year and global market volatility. Despite uncertainties surrounding U.S.-Iran negotiations and regional political tensions, the index maintained resilience throughout the trading sessions with a total transaction value reaching 25.47 trillion rupiah.
