IHSG Falls 1.75 Percent in First Session

The Indonesia Stock Exchange (IDX) Composite fell 1.75 percent to 6,204 in the first trading session on Friday, 24 July 2026. A total of 80 stocks advanced, 594 declined, and 115 remained unchanged. Trading volume reached 24.6 billion shares with a transaction value of Rp 10.5 trillion, across 1.45 million trades. Pilarmas Investindo Sekuritas stated that the decline was in line with the weakening of regional Asian markets, as escalating war tensions and new US trade tariff policies drove a surge in global uncertainty. Pressure on energy supplies added to concerns over rising inflation and a prolonged period of high interest rates. Market sentiment was further dampened by the rise in Brent crude oil prices above $100 per barrel amid heightened tensions in the Middle East, which fuelled inflation worries and reinforced expectations of tighter monetary policy. According to Pilarmas, the increase in global oil prices and the imposition of new US tariffs will impact the domestic economy, as the burden on the State Budget (APBN) will increase due to higher energy subsidies.