IHSG Opens Higher This Morning, Up 0.23%

The Indonesia Composite Index (IHSG) opened stronger in trading on Friday (26/06/2026), continuing its recovery efforts after successfully recording gains in the previous session.

At the start of trading at 09:00 WIB, the IHSG rose by 0.23%, or an increase of 13.62 points, to the level of 6,012.66.

Transaction value was recorded at approximately Rp186.4 billion, with a trading volume of 168.8 million shares traded across 25,030 transactions. A total of 262 stocks strengthened, 104 stocks weakened, while 593 stocks remained stagnant.

As trading enters Friday (26/06/2026), the movement of the IHSG is expected to be shadowed by a combination of external and domestic sentiments. Externally, markets are closely monitoring strengthening US economic data, which could reinforce a hawkish stance from the Federal Reserve. Domestically, investors are responding to the increase in the deposit insurance rate (TBP) by the LPS and developments regarding the planned issuance of Indonesia’s Panda Bonds.

From an external perspective, US Personal Consumption Expenditures (PCE) inflation in May 2026 rose to 4.1% annually, the highest since April 2023 and well above the Fed’s 2% inflation target. At the same time, the US economy was revised to grow by 2.1% in Q1-2026, higher than previous estimates, while unemployment claims fell to 215,000, indicating a still-solid labour market. The combination of heating inflation and a resilient economy increases the likelihood of the Fed maintaining high interest rates for longer, which could potentially support the US dollar and pressure capital flows into emerging markets, including Indonesia.

Domestically, the Indonesia Deposit Insurance Corporation (LPS) has raised the interest rate for rupiah-denominated deposits in commercial banks to 3.75% for the period of 1 July–30 September 2026. This step was taken in an effort to maintain the credibility of the insurance rate amidst rising interest rates and pressure on the rupiah exchange rate.

Furthermore, the government has confirmed that the issuance of yuan-denominated Panda Bonds is still targeted to take place in early July 2026. This instrument is part of the government’s strategy to diversify financing sources while expanding access to funding in the Chinese financial market.