IHSG Rises 0.27% at the Start of Session I

The Indonesia Composite Index (IHSG) began trading on Wednesday (30/9/2026) in the green zone. At the start of the session, the benchmark index of the Indonesia Stock Exchange stood at the 6,138.5 level, up 16.8 points or 0.27 per cent from the previous close of 6,121.70.

Index movement was quite dynamic at the start of the session. The IHSG opened at the 6,118.05 level, slightly below the previous day’s close, which also marked the lowest position so far. However, this pressure did not last long. The index reversed direction and rose to touch a high of 6,141.11, before stabilising around the 6,138 to 6,139 range.

In terms of trading activity, transactions were recorded as quite busy for the start of the session. Trading volume reached 10.12 million lots with a transaction value of approximately Rp297.01 billion.

Global oil prices weakened on Tuesday (29/9/2026), as the recovery of Middle East oil exports eased supply concerns arising from the US-Israel conflict with Iran.

Brent crude fell 2.6% to US$102.59 per barrel, while WTI dropped 3.5% to US$89.38 per barrel. Despite the correction, Brent is still heading towards a monthly increase of around 13%, and WTI around 4%.

In other sentiments, investors also noted that New York Federal Reserve President John Williams stated that the Fed still has time to examine economic data before raising interest rates again. However, one additional hike may be necessary before the end of 2026.

Meanwhile, the Coordinating Minister for Economic Affairs, Airlangga Hartarto, assessed that the fluctuations in the IHSG and the rupiah are market dynamics that need to be viewed from a medium-term perspective. The government, alongside Bank Indonesia, is said to be continuously monitoring exchange rate movements, while short selling transactions have also been reactivated on the Indonesia Stock Exchange since 15 September 2026.