IHSG Closes Higher Supported by Dividend Season from Listed Companies
Jakarta (ANTARA) - The Composite Stock Price Index (IHSG) of the Indonesia Stock Exchange (BEI) closed higher on Friday afternoon, supported by the dividend season from listed companies (emiten) in the Indonesian capital market.
The IHSG closed up 12.62 points or 0.17% at 7,634.00. Meanwhile, the LQ45 index of 45 leading stocks rose 1.55 points or 0.20% to 758.87.
“The strengthening was not very strong and tended to be limited. Technically, the rise is more of a rebound from previous pressures, plus seasonal sentiment such as dividend payouts that are starting in April. Therefore, although it briefly strengthened, the IHSG ultimately closed with only a slight increase, reflecting that buying power is not yet solid enough,” said capital market observer Elandry Pratama when contacted by ANTARA in Jakarta on Friday.
In the short term, Elandry said market participants’ attention will shift to domestic sentiment, particularly Bank Indonesia’s (BI) benchmark interest rate decision on 21-22 April 2026 next week.
“This condition makes market participants tend to adopt a wait-and-see attitude, thus limiting the room for IHSG gains,” said Elandry.
From abroad, he said the easing of geopolitical tensions between the United States (US) and Iran is rekindling investors’ risk appetite for risky assets, including emerging markets like Indonesia.
“This creates initial momentum for the IHSG to move in positive territory,” said Elandry.
He said the IHSG’s slight strengthening also reflects investors’ still cautious stance, where foreign investors have not shown significant accumulation and are still mostly engaging in short-term trading (trading), and in recent days, there has even been a tendency towards net selling.
On the other hand, he noted that domestic investors are relatively more active in supporting the market, which kept the IHSG rise happening, but with limited and not very strong characteristics.
“Overall, the market is currently in a transitional phase, where investor confidence has not fully recovered,” said Elandry.
Opening higher, the IHSG stayed in positive territory until the close of the first trading session. In the second session, the IHSG remained in the green zone until the close of stock trading.
Based on the IDX-IC Sectoral Index, seven sectors strengthened, led by the property sector which rose 2.17%, followed by the transportation & logistics sector and the technology sector, each up 1.20% and 0.84%.
Meanwhile, four sectors declined, with the finance sector falling the most at 0.73%, followed by the health sector and the non-primary consumer goods sector, down 0.71% and 0.53% respectively.
The stocks with the largest gains were NIRO, DEFI, AGAR, GMTD, and RISE. Meanwhile, the stocks with the largest declines were AYLS, PSDN, BIKE, SMDM, and WMUU.
Stock trading frequency was recorded at 2,220,644 transactions with 41.05 billion shares traded worth Rp15.97 trillion. 323 stocks rose, 337 stocks fell, and 160 were unchanged.
Regional Asian stock exchanges this afternoon included the Nikkei index weakening 933.84 points or 1.57% to 58,584.50, the Shanghai index weakening 4.12 points or 0.10% to 4,051.43, the Hang Seng index weakening 233.93 points or 0.89% to 26,260.33, and the Straits Times index weakening 10.56 points or 0.21% to 4,997.27.