IHSG Closes Weaker by 0.69 Per Cent
The Indonesian Composite Index (IHSG) on the Indonesia Stock Exchange (BEI) closed weaker on Wednesday afternoon, 11 March 2026, as investors engaged in short-term trading ahead of the extended Eid holiday beginning mid-next week.
The IHSG declined by 51.51 points or 0.69 per cent to 7,389.40. Meanwhile, the leading 45 stocks index, LQ45, fell 7.69 points or 1.01 per cent to 752.25.
“Investors tend to engage in short-term trading amid rising uncertainty regarding the conflict between the United States and Israel with Iran, as well as ahead of the extended Eid holiday starting mid-next week,” said Ratna Lim, Head of Research at Phintraco Securities, in her analysis in Jakarta on Wednesday, as quoted by Antara.
Asian regional stock exchanges closed mixed on Wednesday afternoon, as investors awaited developments in the Middle East conflict.
Market participants were considering contradictory messages from President Donald Trump’s administration regarding the Strait of Hormuz. US Energy Secretary Chris Wright had claimed on social media that the US Navy had escorted a tanker, only to delete the post after the White House denied the operation.
At the same time, the Pentagon stated that the US and Israel had launched their most intense attack on Iran and would continue until Tehran is defeated, contradicting President Trump’s earlier statement that the conflict could end soon.
Opening strongly, the IHSG moved into negative territory until the close of the first trading session. In the second session, the IHSG remained in the red zone ahead of the trading close.
Based on the IDX-IC Sectoral Index, four sectors gained, with the technology sector achieving the highest gain at 1.06 per cent, followed by the health sector and property sector, which rose 0.38 per cent and 0.30 per cent respectively.
Meanwhile, seven sectors declined, with the energy sector falling the most at minus 1.69 per cent, followed by the raw materials sector and industrial sector, which fell 1.66 per cent and 1.09 per cent respectively.
The shares with the largest gains were UANG, NTEV, DEFI, KUAS, and PTMP. The shares experiencing the largest price declines were INPC, ICON, INDY, ENRG, and AADI.
Trading frequency was recorded at 1,849,112 transactions with 32.19 billion shares traded, valued at Rp15.68 trillion. A total of 312 shares rose, 366 shares fell, and 139 were unchanged.
Regional Asian stock indices this afternoon included the Nikkei index gaining 777.00 points or 1.43 per cent to 55,025.40, the Hang Seng index declining 61.14 points or 0.24 per cent to 25,898.76, the Shanghai index gaining 10.29 points or 0.25 per cent to 4,133.43, whilst the Straits Times index gained 3.17 points or 0.07 per cent to 4,863.81.