IHSG Rises 0.59% This Morning, Following Asian Markets

Jakarta — The Indonesian Composite Index (IHSG) rose 0.59%, or 43.86 points, to 7,484.77 during pre-opening trading on Wednesday, 11 March 2026.

A total of 278 stocks advanced, 68 declined, and 614 remained unchanged. Transaction value reached Rp 228.3 billion involving 279.9 million shares across 23,710 transactions. Market capitalisation increased to Rp 13.388 trillion.

By official opening, gains narrowed to -0.4%.

Today’s equity market was influenced by several sentiment drivers. The House of Representatives (DPR) conducted a fit and proper test for ten candidates nominated by the President for the Financial Services Authority (OJK) board. This follows the resignation of the OJK board chairman, deputy chairman, and board members at the end of January 2026.

The DPR’s Commission XI held the fit and proper test for the ten nominees on Wednesday, 11 March 2026, following an earlier selection process from twenty candidates. Five successful candidates were determined on the same day, with their appointment ratified in a plenary DPR session on Thursday, 12 March 2026.

Asia-Pacific markets broadly advanced as investors assessed geopolitical developments in the Middle East on Wednesday, 11 March 2026.

Australia’s S&P/ASX 200 index rose 0.35% in early trading. Japan’s Nikkei 225 jumped 1.36%, whilst the Topix gained 1.22%. South Korea’s Kospi index climbed 2.52%, with the Kosdaq index for smaller companies rising 1.39%.

Hong Kong’s Hang Seng index futures were trading at 25,936 compared to the previous close of 25,959.9.