IHSG closes higher amid strengthening of Asian and global stock markets
Jakarta (ANTARA) – The Composite Stock Price Index (IHSG) of the Indonesia Stock Exchange (BEI) closed higher on Wednesday afternoon, bolstered by strengthening stock markets across Asia and globally.
The IHSG strengthened by 41.40 points or 0.50 per cent to 8,322.23. Meanwhile, the group of 45 blue-chip shares, or the LQ45 index, rose 5.44 points or 0.65 per cent to 843.07.
“Positive factors include a rebound on Wall Street in the United States on Tuesday (24 February), as well as strengthening of the majority of indices across Asian stock exchanges on Wednesday (25 February),” said Ratna Lim, head of research at Phintraco Securities, in her analysis in Jakarta on Wednesday.
From abroad, there were several important points from US President Donald Trump’s state of the union address, including Trump calling for the establishment of a government-backed pension programme, and again urging Congress to pass legislation prohibiting large institutional investors from purchasing single-family homes.
Trump also stated success in driving the economy and combating inflation, with much of his speech focused on domestic policy.
On the other hand, market participants will monitor US Initial Jobless Claims from the previous week, which are estimated to rise to 210,000 from the previous 206,000.
From Europe, market participants will monitor the Economic Sentiment of the Euro Area for February 2026, which is estimated to rise slightly to 99.5 from the previous level of 99.4.
Opening stronger, the IHSG remained in positive territory through the close of the first trading session. In the second session, the IHSG remained in the green zone through market close.
Based on the IDX-IC Sectoral Index, nine sectors strengthened, led by the non-primary consumer goods sector, which rose 2.71 per cent, followed by the industrial sector and healthcare sector, which rose 2.09 per cent and 1.80 per cent respectively.
Meanwhile, two sectors weakened: the transportation and logistics sector fell most sharply by 1.62 per cent, followed by the financial sector, which fell 0.24 per cent.
The shares that experienced the largest gains were JAYA, SCNP, KAQI, CARS and KONI. Meanwhile, the shares that experienced the largest declines were INDS, INCI, VISI, SSTM and IDEA.
Trading frequency was recorded at 2,796,000 transactions with 50.30 billion shares traded worth IDR 29.84 trillion. A total of 357 shares rose, 348 shares fell, and 253 shares remained unchanged.
Regional Asian stock markets this afternoon included the Nikkei Index strengthening by 1,269.91 points or 2.22 per cent to 58,591.00, the Shanghai Index strengthening by 29.82 points or 0.72 per cent to 4,147.23, the Hang Seng Index strengthening by 175.40 points or 0.66 per cent to 26,765.72, and the Straits Times Index weakening by 8.80 points or 0.18 per cent to 5,011.99.