IHSG Opens in the Red Today, Slipping to 6,356 Points

Indonesia’s Jakarta Composite Index (IHSG) moved in the red at the start of Wednesday’s trading, continuing the downside pressure hanging over the domestic equity market. According to data from the Indonesia Stock Exchange (BEI), in the preopening session the IHSG fell 18.476 points or 0.29% to 6,352.202. By the start of trading, the IHSG was 6,356.67, down 14.01 points or 0.22% from the previous close. The index traded in a range of 6,282.16 to 6,359.60. BEI’s total market capitalisation stood at Rp 11,048 trillion. Turnover reached 344,100 trades. In terms of stock movement, 217 shares rose, 384 fell, and 358 were unchanged. The IHSG weakness was accompanied by declines in several major stock indices, most of which remained in the red zone. The LQ45 index was among the few to advance, up 1.94 points or 0.31% to 636.76. The Jakarta Islamic Index (JII) fell 2.09 points or 0.51% to 408.06. The Indonesia Shariah Stock Index (ISSI) dropped 1.10 points or 0.48% to 226.95. The IDX30 rose 1.90 points or 0.53% to 363.39, while the JII70 declined 1.09 points or 0.68% to 158.25. Analysts expect the IHSG to remain vulnerable to a continued correction today, after Tuesday’s (19 May 2026) session closed down 3.46% at 6,370.679.