IHSG Opens Strongly Approaching 7,100 Level

Jakarta, CNBC Indonesia - The Composite Stock Price Index (IHSG) opened higher by 0.60% to the level of 7,099 in trading today, Wednesday (6/5/2026). A total of 298 stocks advanced, 494 stocks were unchanged, and only 172 stocks declined. The transaction value was recorded at Rp1.23 trillion, with a trading volume of 2.01 billion shares across 154,800 transactions. The IHSG rose in line with the Central Statistics Agency (BPS) reporting Indonesia’s economic growth for the first quarter of 2026 at 5.61% year-on-year (yoy). This growth rate is higher than the 5.39% in the fourth quarter of 2025 and the same period the previous year, or the first quarter of 2025, at 4.87% yoy. Turning to the foreign exchange market, the rupiah closed at its all-time weakest level against the US dollar on Tuesday’s trading (5/5/2026). This pressure occurred alongside the announcement of Indonesia’s first-quarter 2026 economic growth data. According to Refinitiv data, the rupiah closed weaker by 0.26% at Rp17,410/US.Thispositionalsobecametherupiah′sweakestclosinglevelever.Throughoutthetradingsession, therupiahmovedintherangeofRp17, 380 − Rp17, 445/US. This weakening also extended the Garuda currency’s downward trend to five consecutive trading days.