Indonesian Political, Business & Finance News

IHSG Closed Weaker by 0.38 Percent in Morning Session Today

| Source: TEMPO_ID_BISNIS Translated from Indonesian | Finance

The Composite Stock Price Index (IHSG) closed weaker by 0.38 percent at the level of 7,070 in the morning trading session today, Monday, 30 March 2026. This position improved compared to the morning opening, which plunged to the level of 7,020. Meanwhile, in last week’s trading, the IHSG closed at the level of 7,097.

Based on data from RTI Business, 245 stocks strengthened, 423 stocks declined, and the remaining 146 were stagnant. The transaction value was recorded at Rp 7.73 trillion. The transaction volume was recorded at 14.42 billion shares, and the transaction frequency reached 1.029 million times.

Banking stocks uniformly weakened. Bank Central Asia (BBCA) shares corrected by 3.73 percent to the level of 6,450. Bank Negara Indonesia (BBNI) shares corrected by 2.05 percent to the level of 3,820. Bank Rakyat Indonesia (BBRI) shares corrected by 1.75 percent to the level of 3,360. Meanwhile, Bank Mandiri (BMRI) shares corrected by 1.26 percent, settling at the level of 4,700.

Meanwhile, in the energy sector, Indo Tambangraya Megah (ITMG) strengthened by 3.47 percent to the level of 29,825. Next, Alamtri Resources Indonesia (ADRO) strengthened by 3.15 percent to the level of 2,620. Meanwhile, Perusahaan Gas Negara (PGAS) strengthened by 2.18 percent to the level of 1,875.

Equity Analyst at PT Indo Premier Sekuritas (IPOT), Imam Gunadi, assessed that market participants will still be under the shadow of Middle East conflict dynamics this week. He said that market attention at the start of the week will focus on the speech by Fed Chair Jerome Powell to gauge the direction of US central bank policy.

“The market will seek signals on whether the Fed will stick to its cautious policy path or open the door to further tightening, which could strengthen the US dollar and pressure risk assets, including emerging markets like Indonesia,” said Imam in a press release on Monday, 30 March 2026.

He opined that the market is still in a wait-and-see phase, so IHSG movements have the potential to drift sideways in the range of 6,745-7,323.

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