IHSG Ends in the Red, Closing Down 0.25%
Jakarta, CNBC Indonesia — The Jakarta Composite Index (IHSG) ended Monday’s (7/9/2026) trading session in the red. The IHSG closed 16.81 points, or 0.25%, lower at 6,619.67.
According to Indonesia Stock Exchange data, the IHSG opened at 6,652.09. During the session, the index touched an intraday high of 6,667.75 before correcting to a low of 6,610.93.
Trading activity was fairly brisk. Transaction volume reached 35.51 billion shares, with a transaction value of Rp13.67 trillion across 2.12 million trades.
A total of 300 stocks advanced, 348 declined, whilst 315 others were unchanged.
Pressure on the IHSG came mainly from large-capitalisation stocks, particularly the financial sector.
Bank Central Asia (BBCA) was the biggest drag on the index, contributing 9.39 points to the decline. It was followed by Bank Rakyat Indonesia (BBRI), which weighed on the index by 7.76 points, and Bank Mandiri (BMRI) by 3.47 points.
Beyond banking, shares in Merdeka Gold Resources (EMAS) exerted pressure of 2.23 points, Maha Properti Indonesia (MPRO) 1.44 points, and Bank Negara Indonesia (BBNI) 1.40 points.
On the other hand, a number of stocks managed to cushion the IHSG’s decline. Bumi Resources (BUMI) was the biggest support, contributing 5.47 points of gains, followed by Bayan Resources (BYAN) with 3.03 points and United Tractors (UNTR) with 1.81 points.
Adaro Andalan Indonesia (AADI) then supported the index by 1.74 points, and Indah Kiat Pulp & Paper (INKP) by 1.61 points.
By sector, healthcare posted the strongest gain at 1.17%. The energy sector rose 0.54%, industrials 0.20%, technology 0.03%, non-primary consumer goods 0.03%, and primary consumer goods 0.02%.
The property sector recorded the deepest decline, at 0.92%. The financial sector followed with a fall of 0.89%, utilities 0.59%, and basic materials 0.26%.
The healthcare sector’s strength was in line with a surge in a number of healthcare issuers’ shares during the day. Sentiment related to the eruption of Mount Anak Krakatau also drew market attention to stocks with exposure to health products and masks.
Foreign buy was recorded at Rp1.84 trillion in the first session, whilst foreign sell reached Rp2.26 trillion. Foreign investors therefore booked a net foreign sell of Rp424.06 billion by the end of the first session.
Amid the selling, a number of stocks remained targets of foreign investor accumulation. PT Bumi Resources Tbk (BUMI) recorded the largest net foreign buy, reaching Rp218.87 billion, on a volume of approximately 998.13 million shares.
Meanwhile, the largest foreign selling pressure fell on PT Chandra Asri Pacific Tbk (TPIA), with a net foreign sell of Rp81.67 billion. It was followed by BBCA with a net foreign sell of Rp73.14 billion, CUAN Rp66.06 billion, BBRI Rp65.58 billion, and KLBF Rp60.01 billion.