IHSG Closes Higher on Positive Domestic and Global Sentiment

Jakarta (ANTARA) - Indonesia Stock Exchange’s Composite Price Index (IHSG) closed higher on Tuesday afternoon, driven by positive sentiment both domestically and globally.

The IHSG closed up 85.11 points, or 1.37 per cent, at 6,319.61. Meanwhile, the group of 45 leading stocks, or the LQ45 index, rose 11.28 points, or 1.81 per cent, to 635.21.

“Regional Asian markets moved higher in line with the positive trend on Wall Street,” said Maximilianus Nico Demus, alias Nico, Associate Director of Research and Investment at Pilarmas Investindo Sekuritas, in his review in Jakarta on Tuesday.

On the domestic front, Indonesia’s annual inflation rate for July 2026 fell to 2.88 per cent year on year (yoy), remaining within Bank Indonesia’s (BI) target range of 2.5 plus or minus 1 per cent.

Meanwhile, Indonesia’s trade balance for June 2026 recorded a deficit of US$0.45 billion, lower than the US$1.61 billion deficit recorded in the previous month.

Despite the deficit, Nico noted that cumulatively, Indonesia’s trade balance for the January-June 2026 period still recorded a surplus of US$3.58 billion.

On the other hand, market players are awaiting Indonesia’s Gross Domestic Product (GDP) data for the second quarter of 2026 due this week.