IHSG Continues to Strengthen, Opens Up 0.38% This Morning
Jakarta, CNBC Indonesia — The Jakarta Composite Index (IHSG) strengthened immediately at the opening of trading on Friday (21/8/2026), continuing its rally after the index broke back through the psychological level of 6,500 the previous day.
Based on data from the Indonesia Stock Exchange (BEI) at around 09:00 WIB, the IHSG stood at 6,526.30, up 24.71 points or 0.38% from the previous closing position of 6,501.59.
The IHSG opened at 6,524.07 and briefly touched a high of 6,531.49 and a low of 6,522.92 in early trading.
The IHSG’s strengthening was fairly solid, with the majority of shares in positive territory. A total of 307 shares rose, 101 shares fell, while 555 other shares were stagnant.
Transaction value at the start of trading reached Rp307.1 billion, with a trading volume of 588.6 million shares. Transaction frequency was recorded at 47,950 times.
Today’s IHSG trading could potentially be overshadowed by external and domestic sentiment.
Globally, investor attention is focused on developments in the US-Iran conflict. The United States has threatened to impose the heaviest economic sanctions in history against Iran and tighten its blockade. This escalation could potentially increase concerns about energy supplies and shipping lanes in the Strait of Hormuz.
The market is also watching the renewed rise in long-term US Treasury yields. The US Treasury Department plans to expand its long-term debt buyback programme, potentially exceeding US$4 billion per issuance. However, this move has not fully allayed investor concerns regarding inflation, deficits, and the large supply of US government debt.
From the Fed, the FOMC minutes showed a fairly divided debate on the direction of interest rates. The majority of officials maintained rates at 3.50%-3.75%, but several officials considered a rate hike necessary if inflation remains high. This condition could potentially limit room for risky asset appreciation.
From Asia, Japan’s inflation rose again to 2% year-on-year in July. Meanwhile, Japan’s trade balance recorded a deficit of JPY634.5 billion. In China, the PBOC maintained the 1-year LPR at 3% and the 5-year LPR at 3.5% for the 15th consecutive month, amid signs of domestic economic slowdown.
Domestically, investors will be watching the release of Indonesia’s Balance of Payments (BOP) and Current Account for the second quarter of 2026 from Bank Indonesia. In the first quarter, the BOP recorded a deficit of US$9.1 billion, while the current account deficit reached US$4 billion or 1.1% of GDP. The latest data will be an important indicator to see whether external sector pressures are beginning to ease and whether foreign capital flows are strengthening again.
BI will also release money supply data for July 2026. As a reference, M2 in June grew 8.7% year-on-year to Rp10,432.8 trillion, while credit disbursement grew 12.1%. The latest data will be of interest to see liquidity developments and credit disbursement momentum amid efforts to maintain economic growth.