IHSG Opens Down 1%, Rupiah Approaches Rp 18,000

The Indonesia Composite Index (IHSG) remained weak this morning. According to Stockbit data at approximately 09:22 WIB, the IHSG stood at the 6,031.52 level, down 116.34 points or 1.89%.

The IHSG opened at 6,118.81, lower than yesterday’s close, and faced immediate pressure within the first few minutes. The index briefly touched a daily high of 6,126.62 but was unable to sustain its position in that zone. Between 09:05 and 09:10 WIB, the IHSG attempted a rebound towards the 6,100 range, narrowing the decline to approximately 0.73 per cent. However, this recovery did not persist.

In terms of trading activity, transactions were recorded as quite active. Trading volume reached 92.07 million lots with a transaction value of approximately Rp 2,305.41 billion.

Meanwhile, the Rupiah exchange rate remained under pressure against the US Dollar at the start of trading on Tuesday (29/09/2026). The ‘Garuda’ currency continued the sharp depreciation that occurred the previous day.

Referring to Refinitiv data, the Rupiah began today’s trading with a slight decline of 0.03% to the position of Rp 17,970/US, movingclosertoitspsychologicallevelofRp18, 000/US.

This weakness follows the movement on Monday (28/09/2026), when the Rupiah depreciated by 0.48% and ended trading at the level of Rp 17,965/US$.

As for the US Dollar Index (DXY), which measures the strength of the greenback against six major world currencies, at 09:00 WIB it was observed to have strengthened slightly by 0.01% to the position of 101.209.

This strengthening continues the DXY increase of 0.22% recorded at the close of the previous trading session.