The Indonesia Composite Index (IHSG) showed no signs of recovery at\nthe start of trading on Tuesday (29\/09\/2026). According to Stockbit data\nat approximately 09:04 WIB, the index stood at 6,086.35, down 61.51\npoints or 1.00% from the previous close of 6,147.86. This decline was\ndeeper than the position recorded just minutes earlier, when the index\nwas still holding above the 6,119 level.<\/p>\n
The IHSG opened at 6,118.81 and briefly touched a high of 6,126.62\nbefore dropping sharply in the opening minutes. After moving sideways\naround the 6,120 range, the index gradually slid further to reach a\ndaily low of 6,086.14.<\/p>\n
In terms of trading activity, transaction volume increased rapidly to\n35.12 million lots, with a transaction value reaching Rp741.93 billion.\nThis surge indicates increasing market activity as the session\nprogressed, with most transactions occurring amidst downward\npressure.<\/p>\n
The cause of the IHSG\u2019s weakness today stemmed from the technology\nsector, which fell by 0.17%, followed by the healthcare sector, which\nweakened by 0.12%, and the real estate sector, which dropped by 11%.<\/p>\n
Stocks weighing down the IHSG this morning included PT GoTo Gojek\nTokopedia Tbk (GOTO), PT Bank Central Asia Tbk (BBCA), PT Fortune\nIndonesia Tbk (FORU), PT Bumi Resources Minerals Tbk (BRMS), and PT\nTelkom Indonesia (Persero) Tbk (TLKM).<\/p>\n
Meanwhile, stocks supporting the IHSG against the correction included\nPT Dian Swastatika Sentosa Tbk (DSSA), PT Bank Rakyat Indonesia\n(Persero) Tbk (BBRI), PT Olympus Strategic Indonesia, PT VKTR Teknologi\nMobilitas Tbk (VKTR), and PT United Tractors Tbk (UNTR).<\/p>\n
Pressure on the IHSG occurred alongside the commencement of a new\nIndonesia Stock Exchange (BEI) policy, which reduced the minimum share\nprice from Rp50 to Rp1 per share in the regular and cash markets\nstarting Monday (28\/09\/2026).<\/p>\n
This change is accompanied by adjustments to auto-rejection limits.\nFor shares priced between Rp1 and Rp10, the Upper Auto Rejection (ARA)\nand Lower Auto Rejection (ARB) limits are set at Rp1, while the 15%\nasymmetric ARB remains applicable for shares priced above Rp10 until the\nend of 2026.<\/p>\n
The BEI stated that the change in minimum price is intended to expand\nthe trading range of stocks, improve the quality of price discovery,\nboost liquidity, and provide greater flexibility for investors in\nmanaging their portfolios.<\/p>\n
Simultaneously, external pressures continue to shadow the domestic\nmarket. Tighter global monetary policies, the strengthening of the US\ndollar, rising energy prices, and high global interest rates still have\nthe potential to drive volatility in emerging market financial markets,\nincluding Indonesia.<\/p>\n
In the currency market, the rupiah weakened again against the US\ndollar at the start of the week. According to Refinitiv data, the rupiah\nclosed depreciated by 0.53% to the position of Rp17,965\/US,\u2006j<\/em>u<\/em>s<\/em>t<\/em>35p<\/em>o<\/em>i<\/em>n<\/em>t<\/em>s<\/em>a<\/em>w<\/em>a<\/em>y<\/em>f<\/em>r<\/em>o<\/em>m<\/em>t<\/em>h<\/em>e<\/em>p<\/em>s<\/em>y<\/em>c<\/em>h<\/em>o<\/em>l<\/em>o<\/em>g<\/em>i<\/em>c<\/em>a<\/em>l<\/em>l<\/em>e<\/em>v<\/em>e<\/em>l<\/em>o<\/em>f<\/em>R<\/em>p<\/em>18,\u2006000\/U<\/em>S<\/em><\/span>.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/idx-opens-1-lower-here-are-the-causes-1790650347", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }