{
    "success": true,
    "data": {
        "id": 1822731,
        "msgid": "investor-hearts-calm-slightly-heres-why-the-ihsg-rose-1-1782359484",
        "date": "2026-06-25 09:46:37",
        "title": "Investor Hearts Calm Slightly, Here's Why the IHSG Rose 1%",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "The Jakarta Composite Index (IHSG) rebounded by over 1% in early trading on Thursday, recovering from the previous day's sharp 3.56% decline, with all sectors trading in positive territory. The rally was driven by large-cap stocks and was supported by MSCI's decision to retain Indonesia's Emerging Market status, which eased fears of massive foreign capital outflows. However, gains remain constrained by a weakening rupiah and caution ahead of US inflation data that could reinforce expectations of prolonged high interest rates.",
        "content": "<p>Jakarta \u2014 Stock investors in the country breathed a sigh of relief\nthis morning. After the Jakarta Composite Index (IHSG) closed down 3.56%\nyesterday, the IHSG strengthened this morning with all sectors in the\ngreen zone. The IHSG initially opened in the red zone before finally\naccelerating and rising by more than 1%. A majority of shares, or 463\nissuers, rose, 153 fell, and 343 were stagnant. Transaction value was\nfairly busy, amounting to Rp 3.02 trillion, involving 5.13 billion\nshares in 400,300 transactions. Market capitalisation remained below Rp\n11,000 trillion, precisely at Rp 10,426 trillion. Based on Refinitiv\ndata, the IHSG\u2019s strengthening was broad-based, with all sectors in the\ngreen zone. The energy sector rose 1.57%, technology 1.19%, and consumer\nnon-cyclicals 1.15%. In terms of index contributors,\nlarge-capitalisation stocks were the main engine of the strengthening.\nPT Bank Central Asia Tbk (BBCA) was the largest contributor with a\ncontribution of 7.02 points to the IHSG. It was followed by PT Mora\nTelematika Indonesia Tbk (MORA) with 5.83 points, PT Astra International\nTbk (ASII) with 4.79 points, PT Barito Pacific Tbk (BRPT) with 4.78\npoints, and PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) with 4.70\npoints. Support also came from SMMA, BYAN, TLKM, DSSA, and BMRI.\nMeanwhile, the drag on the index\u2019s rise was relatively limited. Shares\nof PT Amman Mineral Internasional Tbk (AMMN) were the largest weight\nwith a negative contribution of 1.21 points, followed by PT Aneka\nTambang (Persero) Tbk (ANTM) at -1.13 points, PT Merdeka Copper Gold Tbk\n(MDKA) at -0.79 points, PT Bank Mega Tbk (MEGA) at -0.44 points, and PT\nAlamtri Minerals Indonesia Tbk (ADMR) at -0.37 points. Entering trading\non Thursday (25\/6\/2026), the IHSG\u2019s movement is expected to still be\ninfluenced by sentiment from the MSCI review results, which maintained\nIndonesia in the Emerging Market classification. The decision eased\nmarket concerns over the potential for massive foreign fund outflows if\nIndonesia\u2019s status were downgraded to Frontier Market. However, MSCI\nstill provided notes regarding share ownership transparency, allegations\nof coordinated trading, and the effectiveness of capital market reform\nimplementation, which will be re-evaluated in November 2026.\nDomestically, the Financial Services Authority (OJK) and the government\nassessed that the MSCI decision reflects the continued strong confidence\nof global investors in Indonesia\u2019s financial market. The OJK affirmed it\nwill continue reforms to strengthen market integrity and transparency,\nwhile the government considers MSCI\u2019s continued evaluation a normal\nprocess. On the external side, investor attention is shifting to the\nrelease of the United States Personal Consumption Expenditures (PCE)\ninflation data, which is the main reference for the Federal Reserve in\ndetermining the direction of interest rate policy. If PCE inflation\nshows another increase, expectations of higher-for-longer interest rates\ncould strengthen, driving a stronger US dollar and higher Treasury\nyields, which could trigger pressure on risky assets including the IHSG\nand the rupiah. In addition, the market is also waiting for weekly US\njobless claims data to gauge the latest condition of the labour market.\nThe combination of still-high inflation and a solid labour market could\nreinforce the view that the Fed does not yet have room to cut interest\nrates soon. Amid these sentiments, the US dollar index, which has\nbreached the 101.609 level, remains a factor limiting the room for\nrupiah and domestic stock market strengthening, along with increasing\npressure on capital flows to developing countries. Referring to\nRefinitiv data, the rupiah had to settle in the red zone after closing\ndown 0.50% at Rp17,925\/US$ yesterday, Wednesday (25\/6\/2026). With that\nposition, the Garuda currency has not been able to escape pressure and\nhas weakened for four consecutive trading days.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/investor-hearts-calm-slightly-heres-why-the-ihsg-rose-1-1782359484",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}