IHSG Closes 76.15 Points Lower at 6,130.19; Reasons Explained

The Indonesian Stock Exchange Composite Index (IHSG) closed 76.15 points lower at 6,130.19, remaining in negative territory. According to data from the Indonesia Stock Exchange (BEI) via Stockbit and Kontan on Tuesday (26 May 2026), the IHSG fell 76.15 points, or 1.23%, to 6,130.19. The stock market decline was driven by investor concerns over unresolved Middle East conflicts, which have pushed up oil prices and raised fears of significant inflationary pressure. The IDX-Industry index saw the steepest drop at 3.38%, followed by the IDX-Cyclic index at 2.20%, and the IDX-Property index at 2.14%. These declines weighed on the IHSG despite an initial green session in the morning. Alongside the IHSG, the rupiah also weakened at the close of today’s trading. The rupiah fell 53 points, or 0.29%, to Rp 17,796 per US dollar. The weakening of the rupiah and IHSG stems from ongoing geopolitical tensions in the Middle East. A weaker rupiah could increase the risk of employee layoffs. PT Xacti has ceased operations due to rising import costs coupled with a decline in export markets. CV Asri, an automotive industry company in Sidoarjo, East Java, has laid off 200 workers due to declining vehicle sales.