IHSG Ends Week Down 1.72% at 5,896 Level
The Indonesia Stock Exchange Composite Index (IHSG) weakened by nearly 2% during trading on Friday (26/6/2026), after opening slightly higher. The decline occurred amid selling pressure that dominated the majority of shares on the Indonesia Stock Exchange (BEI).
At the end of the second session, the IHSG fell 1.72% or 103 points to a level of 5,896.13. Throughout the day’s trading, the index touched a high of 6,045 before reversing course and falling to a low of 5,830.
Selling pressure was quite heavy, with 562 stocks declining, while only 123 stocks advanced and 129 stocks remained unchanged. Transaction value was recorded at Rp12.73 trillion, with a trading volume of 20.79 billion shares across 1.54 million transactions.
The most actively traded stocks of the day were TPIA, BBCA, BMRI, DSSA, and TLKM.
Only the financial sector posted gains on the day, while the deepest corrections were recorded by utilities (-6.45%), basic materials (-4.67%), non-primary consumer goods (-2.80%), and property (-2.26%).
Specifically, the stocks weighing most heavily on the IHSG’s performance were Barito Renewables Energy (BREN), contributing 11.07 index points to the decline, followed by EMAS (-9.54 points), BRMS (-7.05 points), and DCII (-6.94 points).
Entering Friday’s trading, the IHSG’s movement was expected to be overshadowed by a combination of external and domestic sentiment. Externally, markets were observing strengthening US economic data that could reinforce the Federal Reserve’s hawkish stance. Domestically, investors were responding to the increase in the deposit guarantee interest rate by the Indonesia Deposit Insurance Corporation (LPS) and developments regarding Indonesia’s planned Panda Bond issuance.
From the external side, US Personal Consumption Expenditures (PCE) inflation in May 2026 rose to 4.1% year-on-year, the highest since April 2023 and well above the Fed’s 2% inflation target. At the same time, US economic growth for the first quarter of 2026 was revised up to 2.1%, higher than previous estimates, while jobless claims fell to 215,000, indicating a still-solid labour market. The combination of reheating inflation and a resilient economy increases the likelihood of the Fed maintaining higher interest rates for longer, which could support the US dollar and pressure fund flows into emerging markets, including Indonesia.
On the domestic front, the Indonesia Deposit Insurance Corporation (LPS) raised the deposit guarantee interest rate for rupiah deposits at commercial banks to 3.75% for the period of 1 July to 30 September 2026. This measure was taken to maintain the credibility of the guarantee rate amid rising interest rates and pressure on the rupiah exchange rate.
Additionally, the government confirmed that the issuance of yuan-denominated Panda Bonds is still targeted for early July 2026. This instrument is part of the government’s strategy to diversify financing sources while expanding funding access in China’s financial market.