Breaking News! IDX Composite Opens 1% Lower
Jakarta, CNBC Indonesia — The Indonesia Composite Index (IHSG) opened weaker in trading on Thursday (4/6/2026), continuing the pressure after plummeting by more than 4% the previous day. At the start of trading, the IHSG opened at the 5,919.57 level. However, selling pressure dominated, pushing the index deeper to 5,874.70, a decline of 6_6.37 points (-1.12%). During this morning’s session, the IHSG touched a high of 5,924.51 and a low of 5,873.00.
The majority of stocks remained in the red zone, with 334 stocks declining, while only 107 stocks gained and 518 remained stagnant. Transaction value at the start of trading reached Rp470.1 billion, with a trading volume of 580.2 million shares exchanged across 64,080 transactions. Market pressure also reduced the Exchange’s market capitalisation to Rp10,311 trillion.
Notably, in the previous session, the IHSG closed down 4.11% to the 5,941.07 level, after foreign investors recorded net selling of almost Rp1 trillion and approximately 75% of stocks ended in the red. Following yesterday’s sharp decline, the IHSG is expected to face further pressure today, driven by both domestic and international sentiments. Factors such as the Wall Street slump, rising oil prices, a strengthening US dollar, and the resilience of the US economy could continue to weigh on Indonesian financial markets.
In the regional markets, South Korea’s Kospi index corrected by 2% upon reopening after the holiday, though the small-cap Kosdaq index rose by more than 2%. In Japan, the Nikkei 225 fell 1.4% after hitting record highs in the previous session, while the Topix index weakened by 0.91% due to profit-taking amid increasing global uncertainty. The Australian market also moved into the red, with the S&P/ASX 200 dropping 0.84%, while Hang Seng futures in Hong Kong stood at 25,312, lower than the previous close of 25,633.21.
Meanwhile, the Coordinating Minister for Economic Affairs, Airlangga Hartarto, received a visit from representatives of the rating agency S&P Global at the Coordinating Ministry for Economic Affairs office in Jakarta on Wednesday (3/6/2026). During the meeting, S&P was represented by Kim Eng Tan, Managing Director of Sovereign Ratings for S&P Asia Pacific. The primary agenda concerned Indonesia’s economic prospects and resilience amidst various looming global risks.
Airlangga stated that the government utilised the meeting to explain the national economic condition, which remains solid despite external challenges such as geopolitical tensions, the global economic slowdown, and global supply chain disruptions. “This meeting serves as an important momentum to assert Indonesia’s economic resilience amidst a global situation still fraught with uncertainty,” Airlangga noted via his official Instagram account.
According to Airlangga, Indonesia’s economic stability is supported by a combination of measured fiscal and monetary policies, strong domestic consumption, and improving external sector performance. He emphasised that several key indicators continue to show positive trends, noting that inflation remains controlled, investment continues to grow positively, and downstreaming programmes are beginning to deliver real impacts on increasing national industrial value-add. During the session, the government also outlined various strategic agendas to maintain growth momentum, ranging from accelerating industrial downstreaming and strengthening energy and food security to enhancing manufacturing competitiveness.