IHSG Opens Higher on 5 March 2026 Amid Negative Sentiment

The Jakarta Composite Index (IHSG) on the Indonesia Stock Exchange (BEI) opened higher on Thursday morning, 5 March 2026, gaining 118.29 points or 1.56% to 7,695.35. The rebound followed a previous session in which the index tumbled 4.57% on concerns tied to the escalation of conflict in the Middle East and Fitch Ratings’ revision of Indonesia’s debt outlook.

Although it opened in positive territory, analysts warn of potential high volatility. Selling pressure remains weighing on the market as Fitch Ratings moved its outlook for Indonesia from Stable to Negative, while maintaining the BBB rating (Investment Grade).

Yesterday, all 11 sectors were down, with basic materials leading declines of up to 7.42%. Today, some equities are forecast to become drivers of the technical rebound.

Note: BEI said the weakness today was driven by rising geopolitical tensions in the Middle East, not domestic sentiment.