The Indonesia Stock Exchange (IDX) Composite strengthened by 1%\nduring trading on Tuesday (1\/9\/2026), with banking stocks acting as the\nprimary engine for the index\u2019s gains.<\/p>\n
Based on data from the Indonesia Stock Exchange (BEI) observed during\ntrading until approximately 13:52 WIB, the IDX Composite rose by 65.07\npoints or 1% to the level of 6,590.55. The index moved within a range of\n6,535.80 to 6,592.74.<\/p>\n
The strengthening of the IDX Composite was mainly supported by a\nsurge in large-cap banking stocks. PT Bank Rakyat Indonesia (Persero)\nTbk (BBRI) was the largest contributor, adding approximately 13.98\npoints to the index, with its share price at Rp3,350.<\/p>\n
Furthermore, PT Bank Central Asia Tbk (BBCA) contributed 9.39 points,\nwith its share price at the Rp6,575 level. PT Bank Mandiri (Persero) Tbk\n(BMRI) also contributed 7.82 points with a share price of Rp4,320.<\/p>\n
The rise in these major banking stocks aligns with positive sentiment\ntowards the banking sector. During morning trading, BBRI, BMRI, BBNI,\nand BBCA were all recorded to have risen in unison.<\/p>\n
In addition to banking, several commodity stocks also supported the\nIDX Composite. Bumi Resources (BUMI) contributed 5.47 points, followed\nby United Tractors (UNTR) with 4.42 points and Astra International\n(ASII) with 3.47 points.<\/p>\n
Sectorally, almost all sectors were in the green zone. The utilities\nsector led the gains with an increase of 1.92%, followed by non-primary\nconsumer goods at 1.90% and financials at 1.56%. The energy sector also\nstrengthened by 1.36%, while the industrial sector rose by 0.86%.<\/p>\n
On the other hand, pressure was still visible in the technology\nsector, which corrected by 2.15%.<\/p>\n
The strengthening of the IDX Composite was also supported by foreign\nfund inflows. During the first session, foreign investors recorded a net\nbuy of Rp972.64 billion, which further bolstered market sentiment.<\/p>\n
This market strength occurred as investors closely monitored several\ndomestic sentiments, including the release of August inflation data,\nmanufacturing PMI, and the trade balance, as well as developments in\nglobal sentiment.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/idx-composite-suddenly-rises-1-here-are-the-causes-1788252905", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }