IHSG 13 March 2026: Index Pressured by Geopolitics, Rupiah and Gold Weaken in Tandem

The Composite Stock Price Index (IHSG) opened in negative territory on Friday, 13 March 2026, as selling pressure engulfed the domestic capital market amid rising geopolitical tensions in the Middle East and market anticipation of US macroeconomic data.

Based on data from the Indonesia Stock Exchange (IDX) at the opening of the first session at 09.00 WIB, the IHSG weakened by 0.32% or fell 23.3 points to 7,338.82. A total of 195 shares weakened, 141 shares strengthened, and 622 other shares remained stagnant. Initial transaction value reached Rp178.7 billion with market capitalisation declining to Rp13.094 trillion.

In contrast to typical market behaviour where gold serves as a safe-haven asset during conflicts, Antam gold bullion prices today experienced a significant decline of Rp21,000 per gram.

Analysts predict the IHSG will move consolidatively with a downward tendency in the range of 7,280 support to 7,400 resistance. Investors are advised to remain cautious regarding high volatility, particularly in property sector stocks and raw material stocks most affected by rising interest rates and inflation. The energy and maritime transport (LNG) sectors are forecast to remain attractive as defensive choices amid rising global oil prices.

The IHSG closed down 0.37% at 7,362.12 on Thursday (12/3/2026), with volatility in Brent and WTI crude oil prices stemming from the Iran-Israel conflict being the primary trigger.

The Composite Stock Price Index (IHSG) on the Indonesia Stock Exchange is projected to experience pressure during Thursday trading as volatility in crude oil prices in the global market increases.

The movement of the Composite Stock Price Index (IHSG) during Thursday, 12 March 2026 trading, showed high volatility in the morning session.

The IHSG closed weaker by 0.69% at 7,389 on Wednesday (11/3). Investors tended towards profit-taking and short-term trading ahead of the extended Eid al-Fitr 2026 holiday.

The IHSG today, Wednesday (11/3/2026), opened stronger by 43.86 points to 7,484.77. Positive sentiment came from the de-escalation of Middle East conflict and declining oil prices.

At the beginning of the trading session, the IHSG fell considerably.

The Composite Stock Price Index (IHSG) on the Indonesia Stock Exchange (IDX) began Friday (6/3) trading with a weakening movement.

The Composite Stock Price Index (IHSG) is estimated to move with fluctuations throughout this week.

Previously, MSCI expressed concerns about the structural quality of the Indonesian capital market.