IHSG Ends the Week on a High, Closes Up 0.20% at 5,924
Jakarta, CNBC Indonesia – The Composite Stock Price Index (IHSG) strengthened in Friday’s trading (10/7/2026), amid the dominance of global sentiment still overshadowed by geopolitical tensions in the Middle East.
According to data from the Indonesia Stock Exchange (IDX), at the close of the second session the IHSG rose 11.92 points, or 0.20%, to 5,924.36. A total of 364 shares advanced, 241 declined, and 185 were unchanged, with trading value relatively thin at just Rp 8.86 trillion, involving 18.51 billion shares across 1.91 million transactions.
Citing Refinitiv data, the basic materials, property, energy and financial sectors rose, while the infrastructure and technology sectors came under the deepest pressure.
The main movers of the IHSG’s performance today were CASA, BMRI, AMMN, BRMS and ADRO.
The IHSG remained volatile in today’s trading amid the dominance of global sentiment. The renewed flare-up of conflict in the Middle East, the International Monetary Fund’s (IMF) warning over rising global economic risks, and the prospect of interest rates staying higher for longer continued to draw market attention.
On the other hand, the weakening of the United States (US) dollar index also provided positive sentiment for the rupiah exchange rate. Domestically, investors focused on the launch of the mandatory B50 biodiesel programme by President Prabowo Subianto, while Bank Indonesia (BI) reported that retail sales were still contracting on a monthly basis, though showing improvement compared with the previous month.
Market players were also watching US economic data showing unemployment claims remained low, as well as the Federal Reserve’s move to form a number of task forces to evaluate the direction of monetary policy going forward.
Meanwhile, the majority of Asian markets strengthened in morning trading. South Korea’s Kospi index led gains with a rise of 4.58%, followed by Japan’s Nikkei up 2.11%, New Zealand’s NZX 50 up 0.88%, the Shenzhen Composite adding 0.71%, FTSE Bursa Malaysia up 0.69%, Hong Kong’s Hang Seng up 0.50%, SGX CNBC China Growth up 0.49%, Australia’s ASX 200 up 0.32%, and the Shanghai Composite up 0.25%.
Conversely, Singapore’s Straits Times fell 0.20% and Taiwan’s Taiex weakened 0.83%. The broad rally across Asian markets came as concerns over a spike in oil prices eased, although investors were still monitoring developments in the Middle East conflict.