The Indonesia Composite Index (IHSG) closed down 177.6 points or\n-3.05% to the level of 5,643.19 in today\u2019s trading, Tuesday\n(30\/6\/2026).<\/p>\n
Throughout the day, the IHSG faced heavy pressure and remained\nconsistently in the red zone. The index moved within a range of\n5,638.57\u20135,811.67. For context, the IHSG closed at 5,820.79 in the\nprevious trading session.<\/p>\n
By the end of trading, the transaction value was recorded at Rp 15.15\ntrillion with a volume of 19.46 billion shares across 1.59 million\ntransactions. Compared to the daily average of the final week of May\n2026, transaction value fell by 87.33% and volume plummeted by\n59.06%.<\/p>\n
Quoting Refinitiv, all sectors suffered during today\u2019s trading. Basic\nmaterials led the correction with -4.35%, while the smallest correction\nwas seen in the healthcare sector at -0.9%.<\/p>\n
Two stocks were the primary burdens on the IHSG today: BBCA, with a\nweight of -35.12 points, and BBRI, with -17.25 points. Additionally,\nMORA, ASII, and EMAS were also listed among the top laggards.<\/p>\n
Today\u2019s correction extends the bearish trend that has persisted since\nthe beginning of the month. Throughout the year up to June, the IHSG has\nclosed every month with a correction. On a monthly basis, the IHSG fell\n7.9% in June 2026 and has declined by 35.49% year-to-date.<\/p>\n
MNC Sekuritas analyst Herditya stated that the IHSG\u2019s weakness\noccurred alongside the continued weakness of the Rupiah against the US\nDollar. Investors are also choosing to wait for the release of\nIndonesian inflation data and US employment data, which are seen as\npotentially influencing market direction.<\/p>\n
Regarding commodities, global gold prices fell to around US$3,958 per\ntroy ounce, serving as a negative sentiment for stocks correlated with\nprecious metals.<\/p>\n
Meanwhile, Doo Financial Sekurability analyst Lukman Leong assessed\nthat the market is still overshadowed by concerns regarding the results\nof the global rating agency MSCI\u2019s study. \u201cEven though the Rupiah has\nstabilised, the potential for a market status downgrade still exists,\u201d\nhe told CNBC Indonesia on Tuesday (30\/6\/2026).<\/p>\n
Furthermore, geopolitical sentiments in the Middle East have not yet\nfully subsided. Although the United States and Iran have reopened\nchannels of communication, high uncertainty is causing foreign investors\nto prefer \u2018choppy trades\u2019 or entering and exiting the market in the\nshort term.<\/p>\n
Associate Director of Pilarmas Investindo Sekuritas, Maximilianus\nNicodemus, also noted that the primary focus for investors currently\nremains on the results of the S&P study regarding the Indonesian\nmarket.<\/p>\n
Separately, the President Director of the Indonesia Stock Exchange\n(IDX), Jeffrey Hendrik, stated that the issue of liquidity in the\nIndonesian capital market cannot rely solely on the growth of the number\nof retail investors. A balance is needed between the supply of\nhigh-quality issuers and a more diverse investor base.<\/p>\n
\u201cThe absorption should not be placed entirely on our retail\ninvestors,\u201d he said when met at the Indonesia Stock Exchange (IDX)\nbuilding, as reported on Tuesday (30\/6\/2026).<\/p>\n
Jeffrey explained that from the supply side, the market requires more\nlarge-cap companies to list on the Exchange. The presence of large-cap\nissuers is believed to strengthen market attractiveness and provide more\ninvestment options for market participants.<\/p>\n
On the demand side, the number of Indonesian retail investors has\ngrown very rapidly in recent years. \u201cOne of the high-quality supplies is\ncertainly a large number of large-cap companies. From the demand side,\nit is our retail investor base, which is now incredibly large,\u201d he\nsaid.<\/p>\n
He mentioned that the IDX, along with stakeholders through capital\nmarket reforms, hopes to increase global investor confidence in the\nIndonesian capital market. \u201cSo that later, foreign investors, together\nwith our domestic institutional investors and supported by our retail\ninvestors, will together create healthy dynamics in our market,\u201d he\nconcluded.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/ihsg-closes-june-with-a-3-plunge-settling-at-the-5-600-level-1782816763", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }