{
    "success": true,
    "data": {
        "id": 1757748,
        "msgid": "breaking-news-ihsg-reverses-direction-rises-1-1779542113",
        "date": "2026-05-22 15:54:05",
        "title": "Breaking News! IHSG Reverses Direction, Rises 1%",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "IHSG rebounded by more than 1% ahead of the close on Friday after a rough start, bouncing back from a intraday low around 5,966.86 and climbing to 6,171.97. The move came amid ongoing MSCI rebalancing pressures and regulatory policy concerns, with rating agencies warning that export centralisation plans could affect exports, government revenue and investment sentiment. The rupiah's weakness also kept foreign investors cautious, contributing to a lag behind regional peers.",
        "content": "<p>Jakarta, CNBC Indonesia \u2014 The Jakarta Stock Exchange Composite Index\n(IHSG) rose more than 1% ahead of the close on Friday (22 May 2026),\nafter sliding early and breaking through the psychological 6,000 level\nat the start of trading.<\/p>\n<p>At 16:50 WIB, the IHSG added 1.19% or 72.31 points to 6,167.25. The\nindex had touched an intraday low of 5,966.86 before reversing course\nand climbing to an intraday high of 6,171.97 ahead of the close.<\/p>\n<p>Market turnover reached Rp18.58 trillion with a trading volume of\n35.46 billion shares and 1.89 million trades. A total of 441 stocks\nrose, 288 fell, and 230 were unchanged. The market capitalisation of the\nIndonesia Stock Exchange (BEI) stood at Rp10.633 trillion.<\/p>\n<p>Analyst Herditya of MNC Securities said, technically, the IHSG\nremains in a downtrend. The initial pressure came from MSCI rebalancing\nwhich caused large-cap shares to be shunned by investors.<\/p>\n<p>Similarly, Doo Financial analyst Lukman Leong said the same\u2014the MSCI\nrebalancing effect is still being felt and continues to trigger selling\npressure from global investors.<\/p>\n<p>The rupiah remained relatively weak, causing foreign investors to be\nmore cautious about Indonesian assets, so the IHSG lagged behind other\nAsian exchanges.<\/p>\n<p>In addition, investors are also digesting plans to export strategic\ncommodities via PT Danantara Sumberdaya Indonesia, which raises concerns\nabout regulatory uncertainty or state control over the private sector.\nThe government\u2019s plan to centralise exports through a single body has\ndrawn attention from rating agencies.<\/p>\n<p>S&amp;P Global Ratings warned that the policy could pose risks to\nexports, government revenue and Indonesia\u2019s balance of payments. \u201cThese\nfactors create greater risks of a downgrade to Indonesia\u2019s rating,\u201d\nS&amp;P wrote, quoted by Reuters on Thursday (21 May 2026). S&amp;P also\nnoted investments could be affected if changes reduce business\nconfidence and investment sentiment.<\/p>\n<p>Moody\u2019s, meanwhile, said the export centralisation plan could support\na flow of foreign currency but may also increase market distortions and\nweigh on investor sentiment.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/breaking-news-ihsg-reverses-direction-rises-1-1779542113",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}