IHSG Plummets to 6,150 as Big-Cap and Commodity Stocks Drive Decline

The Indonesia Composite Index (IHSG) failed to sustain gains during the first session on Tuesday, 26 May 2026, as selling pressure dominated the market ahead of midday close. According to Indonesia Stock Exchange data, the IHSG initially traded in positive territory but reversed course to close 0.91% lower at 6,150. The IHSG’s decline was driven by profit-taking and weakness in big-cap and commodity stocks. A rally in Barito Pacific Group shares, which had initially supported the index, proved insufficient to counter the broadening market correction. The biggest losses came from Dian Swastatika Sentosa (DSSA), which plunged 7.5%, followed by Timah (TINS) down 7.3%, Merdeka Copper Gold (MDKA) falling 3.9%, and Bank Rakyat Indonesia (BBRI) slipping 2.2%. These stock corrections exerted significant pressure on the IHSG, pushing it into negative territory. External sentiment continued to weigh on regional markets, with Asian stock exchanges trading mixed amid heightened geopolitical tensions following US strikes on southern Iran. This has shaken market hopes for continued Middle East peace talks and raised investor concerns over potential global conflict escalation. A total of 396 stocks declined, far exceeding the 253 that rose, while 169 remained unchanged. Trading activity was robust with a transaction volume of 15.32 billion shares and 1.21 million trades, while the transaction value reached Rp 9.12 trillion. The Indonesia Stock Exchange’s market capitalisation stood at Rp 10.662 trillion.