The Indonesia Stock Exchange Composite Index (IHSG) weakened by\nnearly 2% during trading on Friday (26\/6\/2026), after opening slightly\nhigher. The decline occurred amid selling pressure that dominated the\nmajority of shares on the Indonesia Stock Exchange (BEI).<\/p>\n
At the end of the second session, the IHSG fell 1.72% or 103 points\nto a level of 5,896.13. Throughout the day\u2019s trading, the index touched\na high of 6,045 before reversing course and falling to a low of\n5,830.<\/p>\n
Selling pressure was quite heavy, with 562 stocks declining, while\nonly 123 stocks advanced and 129 stocks remained unchanged. Transaction\nvalue was recorded at Rp12.73 trillion, with a trading volume of 20.79\nbillion shares across 1.54 million transactions.<\/p>\n
The most actively traded stocks of the day were TPIA, BBCA, BMRI,\nDSSA, and TLKM.<\/p>\n
Only the financial sector posted gains on the day, while the deepest\ncorrections were recorded by utilities (-6.45%), basic materials\n(-4.67%), non-primary consumer goods (-2.80%), and property\n(-2.26%).<\/p>\n
Specifically, the stocks weighing most heavily on the IHSG\u2019s\nperformance were Barito Renewables Energy (BREN), contributing 11.07\nindex points to the decline, followed by EMAS (-9.54 points), BRMS\n(-7.05 points), and DCII (-6.94 points).<\/p>\n
Entering Friday\u2019s trading, the IHSG\u2019s movement was expected to be\novershadowed by a combination of external and domestic sentiment.\nExternally, markets were observing strengthening US economic data that\ncould reinforce the Federal Reserve\u2019s hawkish stance. Domestically,\ninvestors were responding to the increase in the deposit guarantee\ninterest rate by the Indonesia Deposit Insurance Corporation (LPS) and\ndevelopments regarding Indonesia\u2019s planned Panda Bond issuance.<\/p>\n
From the external side, US Personal Consumption Expenditures (PCE)\ninflation in May 2026 rose to 4.1% year-on-year, the highest since April\n2023 and well above the Fed\u2019s 2% inflation target. At the same time, US\neconomic growth for the first quarter of 2026 was revised up to 2.1%,\nhigher than previous estimates, while jobless claims fell to 215,000,\nindicating a still-solid labour market. The combination of reheating\ninflation and a resilient economy increases the likelihood of the Fed\nmaintaining higher interest rates for longer, which could support the US\ndollar and pressure fund flows into emerging markets, including\nIndonesia.<\/p>\n
On the domestic front, the Indonesia Deposit Insurance Corporation\n(LPS) raised the deposit guarantee interest rate for rupiah deposits at\ncommercial banks to 3.75% for the period of 1 July to 30 September 2026.\nThis measure was taken to maintain the credibility of the guarantee rate\namid rising interest rates and pressure on the rupiah exchange rate.<\/p>\n
Additionally, the government confirmed that the issuance of\nyuan-denominated Panda Bonds is still targeted for early July 2026. This\ninstrument is part of the government\u2019s strategy to diversify financing\nsources while expanding funding access in China\u2019s financial market.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/ihsg-ends-week-down-1-72-at-5-896-level-1782471123", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }