Indonesian Political, Business & Finance News

IHSG Plunges 1.53% Back to 6,267 Level, Dragged Down by These Stocks

| Source: CNBC Translated from Indonesian | Finance
IHSG Plunges 1.53% Back to 6,267 Level, Dragged Down by These Stocks
Image: CNBC

The Jakarta Composite Index (IHSG) returned to the red zone in today’s trading, Tuesday (11/8/2026). The IHSG was under pressure and fell more than 2% during the second intraday session.

Based on Indonesia Stock Exchange data at the close of session II, the IHSG fell 97.49 points or 1.53% to 6,267.88. The IHSG opened at 6,383.81. Throughout today’s trading, the index moved in the range of 6,230 to 6,388.

Pressure on the IHSG was reflected in the majority of stocks moving lower. A total of 141 stocks rose, 542 stocks fell, and 108 stocks were stagnant.

Total trading volume reached 35.37 billion shares with a transaction value of around Rp 14.49 trillion. Meanwhile, transaction frequency was recorded at 2.19 million times.

Nearly all stock sectors were in the red, except the healthcare sector which edged up slightly.

Among large-capitalisation stocks, PT DCI Indonesia Tbk (DCII) was one of the main drags on the IHSG.

DCII was at Rp196,500 per share, down 4.66%. The movement of this stock exerted the greatest pressure on the IHSG, contributing around 11 points to the decline. Total transactions in DCII shares today were only Rp 242 million from a total of 12 lots traded.

Besides DCII, shares of Bank Central Asia (BBCA), Amman Mineral Internasional (AMMN), Bank Mandiri (BMRI) and VKTR Teknologi Mobilitas (VKTR) also weighed on the IHSG’s performance today.

On the other hand, a number of stocks were still able to make a positive contribution to the IHSG. Indosat (ISAT) was the largest contributor to the rise with a contribution of around 0.96 points, followed by Kalbe Farma (KLBF) at 0.93 points, and Indah Kiat Pulp & Paper (INKP) at 0.86 points.

Today’s IHSG movement was still overshadowed by a number of sentiments from both domestic and global sources.

US President Donald Trump on Monday (10/8/2026) responded to Iran’s demand for a peace deal with a new demand that Tehran pay compensation for deaths caused by war, attacks, and demonstrations.

Trump said Iran must pay for damages that occurred over the past 50 years, including compensation for US civilians and troops killed in the region. This new demand could further complicate efforts to reopen the Strait of Hormuz.

Previously, Iran demanded compensation, an end to sanctions, and an end to US military threats as conditions for reopening the strategic route.

Oil prices jumped around 5% on Monday (10/8/2026) due to doubts that the US and Iran would reach an agreement to reopen ship traffic in the Strait of Hormuz. WTI closed at US$82.13 per barrel, while Brent was at US$87.72 per barrel.

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