Indonesian Political, Business & Finance News

IHSG Falls 7.89 Percent. Market Capitalisation Drops Rp 1,160 Trillion.

| Source: TEMPO_ID_BISNIS Translated from Indonesian | Finance

BEI (Indonesia Stock Exchange) reported that the Jakarta Composite Index (IHSG) weakened by 7.89 percent over the past week. On Friday trading, 6 March 2026, IHSG closed at 7,585.68 points. By comparison, the previous week IHSG closed at 8,235.48 points. ‘Stock market trading data on BEI during the period 2-6 March 2026 closed in negative territory,’ said BEI Corporate Secretary Kautsar Primadi Nurahmad in an official statement, quoted on Sunday, 8 March 2026. In addition, market capitalisation fell by 7.85 percent to Rp 13,627 trillion from Rp 14,787 trillion in the previous week. Next, BEI’s average daily frequency declined by 7.33 percent, from 2.95 million transactions last week to 2.73 million this week. Meanwhile, the average daily transaction value declined by 16.64 percent to Rp 24.97 trillion from Rp 29.95 trillion in the previous week. The average daily trading volume also fell by 17 percent to 42.34 billion shares from 51.02 billion shares the week before. Foreign investors posted net selling of Rp 263 billion on Friday, 6 March 2026. ‘And during 2026 so far, foreign investors have recorded net selling of Rp 7.29 trillion,’ said Kautsar. On Wednesday, 4 March 2026, IHSG fell as much as 4.57 percent to 7,577.06. A market analyst and founder of Republik Investor, Hendra Wardana, said the significant weakness in IHSG on Wednesday reflected the accumulation of pressures from both global and domestic sources arriving simultaneously. He noted that the pressure on IHSG intensified after global rating agency Fitch Ratings lowered Indonesia’s outlook from stable to negative, although the credit rating remained at investment grade, BBB. ‘The change in outlook is not a downgrade of the rating, but the market reads the move as a signal of rising risks going forward, particularly regarding fiscal resilience and policy stability,’ Hendra told Antara on Wednesday, 4 March 2026.

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