IHSG Closes Higher in First Trading Session
The Indonesia Composite Index (JCI) closed stronger by 2.46 per cent at the 5,886.01 level during the first trading session on Friday, 3 July 2026. The JCI surged, continuing the gains seen at the start of Friday morning’s trading, which had risen by 61.61 points or 1.07 per cent to the 5,806.17 position.
Quoting data from the Indonesia Stock Exchange (IDX), all indices closed in the green. The highest gain occurred in the basic materials sector (IDXBASIC), which rose by 3.80 per cent. This was followed by the industrial sector (IDXINDUST), which increased by up to 3.20 per cent. Meanwhile, the infrastructure sector (IDXINFRA) and the energy sector (IDXENERGY) strengthened by 2.6 per cent and 2.31 per cent, respectively.
Gains were also recorded in the technology sector (IDXTECHNO) at approximately 1.92 per cent. Additionally, the property sector (IDXPROPERTY) and the financial sector (IDXFINANCE) increased by 1.60 per cent and 1.52 per cent, respectively.
In yesterday’s trading, the stock index closed at the 5,744 level, up 49.44 points or 0.87 per cent. During last week’s trading, the JCI had plummeted 4.55 per cent to the 5,896.13 level from 6,177.13 the previous week. This decline was accompanied by a drop in the IDX market capitalisation from Rp10,788 trillion to Rp10,302 trillion.
Brigita Kinari, Equity Analyst at PT Indo Premier Sekuritas (IPOT), stated that this correction was triggered by massive selling by foreign investors, with net foreign selling reaching Rp3.19 trillion in the regular market. This trend also reduced the average daily transaction frequency by 22.95 per cent to 1.73 million times and the daily transaction volume by 26.01 per cent to 25.18 billion shares.
Throughout this week, IPOT predicts that the JCI’s movement remains in a medium-term downtrend, despite experiencing a reversal or rebound from its lowest level. If the JCI support area of 5,700–5,800 holds, the index’s movement is expected to continue consolidating within the 5,500–6,400 range.