IHSG Falls 1.75 Percent in First Session

The Indonesia Stock Exchange Composite Index (IHSG) closed down 1.75 per cent at 6,204 in the first trading session on Friday, 24 July 2026. A total of 80 stocks strengthened, 594 weakened, and 115 were unchanged.

According to RTI Business data, trading volume in the first session reached 24.6 billion shares with a transaction value of Rp 10.5 trillion. Transaction frequency was recorded at 1.45 million times.

Pilarmas Investindo Sekuritas said the IHSG’s weakness was in line with the decline of regional stock exchanges across Asia. This was because the intensifying war and the United States’ new trade tariff policy had fuelled a surge in global uncertainty.

Pressure on energy supply added to concerns over rising inflation and a longer era of high interest rates. “Market sentiment is increasingly weighed down by the rise in Brent crude oil prices above $100 per barrel amid escalating tensions in the Middle East, which is triggering inflation concerns and strengthening expectations of tighter monetary policy,” said the Pilarmas research team in its review on Friday, 24 July 2026.

According to Pilarmas, rising world oil prices and the imposition of new tariffs by the US will impact the domestic economy. This is because the burden on the State Budget (APBN) will increase in tandem with the rising cost of energy subsidies.