IHSG at 2026's lowest level as strict screening of healthy stocks begins - Bisnis Indonesia Premium

Indonesia’s stock market has started to recover from MSCI’s bite, but was again hit by negative sentiment stemming from the conflict involving the United States, Israel and Iran, as well as Fitch Ratings’ decision to revise Indonesia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) outlook from Stable to Negative. On Wednesday 4 March, the Jakarta Composite Index (IHSG) plunged 4.57% to 7,577.06, its lowest level since 8 August 2025. Not only Indonesia’s stock market was weak; Asian exchanges were broadly down, with Topix down 3.67%, Hang Seng down 2.01%, SET Thailand down 5.58%, and Kospi down 12.06%.