IHSG Closes Weak, Down 0.12% in First Session
Jakarta, CNBC Indonesia – The Indonesia Composite Index (IHSG) ended in the red in the first trading session on Monday (7/9/2026). The index weakened by 8.29 points, or 0.12%, to 6,628.19.
Based on data from the Indonesia Stock Exchange (IDX), the IHSG opened higher at 6,652.09. The index then moved erratically, touching a high of 6,667.75 and a low of 6,620.52.
In the first session, the value of share transactions reached around Rp8.45 trillion, with a trading volume of 23.63 billion shares across 1.31 million transactions.
A total of 312 stocks advanced, 305 declined, and 346 others were unchanged.
Pressure on the IHSG came mainly from several large-capitalisation stocks in the financial sector. Bank Central Asia (BBCA) was the biggest drag, contributing 9.39 points to the decline, followed by Bank Rakyat Indonesia (BBRI) at 7.76 points and Bank Mandiri (BMRI) at 3.47 points.
On the other hand, several stocks supported the index’s movement. Bumi Resources (BUMI) provided the greatest support, contributing 5.47 points to the rise, followed by Bayan Resources (BYAN) at 3.03 points and United Tractors (UNTR) at 1.81 points.
By sector, energy posted the strongest gain at 1.45%, followed by healthcare at 1.42%. The utilities sector rose 0.25% and consumer staples strengthened 0.13%.
Meanwhile, the deepest pressure came from the property sector, which fell 1.22%. The financial sector weakened 0.86%, consumer non-staples corrected 0.58%, and basic materials declined 0.47%.
Thus, despite significant gains in energy and healthcare stocks, the strengthening was not enough to offset pressure from banking stocks and the property sector in the first session.
Meanwhile, Indonesia’s financial market faces a packed week with a series of domestic and global data releases that could influence the direction of the rupiah, the stock market, and foreign capital flows.
Domestically, attention is on foreign exchange reserves, consumer confidence, and retail sales, while externally the market will be watching Chinese data, the European Central Bank’s (ECB) interest rate decision, and US inflation.
This series of events will shape sentiment, particularly as expectations over Federal Reserve policy strengthen again following solid US labour market data.
Dollar movements, global bond yields, and investor appetite for emerging market assets are likely to be the main drivers for the Indonesian market throughout the week.