IHSG Opens Lower After Perry Warjiyo Resigns from Bank Indonesia
The Jakarta Composite Index (IHSG) opened lower on Monday (27/7/2026), as market participants adopted a wait-and-see approach ahead of a series of important global economic agendas this week. According to data from the Indonesia Stock Exchange (BEI) as of 09:00 WIB, the IHSG was at 6,180.33, down 0.26% from the previous close of 6,196.43. The index touched a high of 6,188.03 and a low of 6,172.84 in early trading. Transaction value was recorded at around Rp336.7 billion, with a trading volume of 557.2 million shares across 68,480 transactions. A total of 189 stocks rose, 239 fell, and 537 remained stagnant, indicating that selling pressure still dominated the opening session.
The IHSG’s movement this morning was influenced by news that Bank Indonesia Governor Perry Warjiyo had resigned. The announcement was made during a press conference at the Bank Indonesia (BI) building in Jakarta on Monday. The position of BI Governor is temporarily filled by Senior Deputy Governor Destry Damayanti. ‘As of yesterday, we officially received the resignation letter of the Governor of BI addressed to the President,’ said Minister of State Secretary Prasetyo Hadi during the press conference. Destry explained that Perry Warjiyo’s resignation was voluntary and for personal reasons, effective 25 July 2026. ‘In accordance with Article 48 paragraph 1 (a) of Law No. 23 of 1999 concerning Bank Indonesia, as amended several times, most recently by Law No. 4 of 2026 concerning the Development and Strengthening of the Financial Sector, the board of governors in a meeting on 26 July 2026 appointed the Senior Deputy Governor, Destry Damayanti, as acting Governor,’ Destry stated. She did not elaborate further on the personal reasons provided by Perry. However, a CNBC Indonesia source indicated that the resignation was due to health issues.
Additionally, market participants today are monitoring a number of global sentiments that could move financial markets. Geopolitically, tensions in the Middle East have somewhat eased after Iran stated it was ready to halt attacks if the United States also ceased its military actions. This development pushed world oil prices sharply lower and boosted investors’ risk appetite in global markets. Meanwhile, investor attention is also focused on a packed economic agenda this week. From the United States, the market awaits durable goods orders data, the Federal Reserve’s interest rate decision, Personal Consumption Expenditures (PCE) inflation figures, and second-quarter 2026 economic growth data. Market players will scrutinise whether solid economic data prompts the US central bank to maintain higher interest rates for longer. From Asia, investors are awaiting the outcome of China’s Politburo meeting, which is expected to provide clues on economic stimulus direction for the second half of the year, followed by the release of China’s manufacturing PMI. Additionally, the Bank of Japan (BoJ) is scheduled to hold a monetary policy meeting later this week, which will provide guidance on the future direction of Japanese interest rates.