Indonesian Political, Business & Finance News

IHSG Slips 7.89 Percent Over a Week, Market Capitalisation Slumps

| | Source: REPUBLIKA Translated from Indonesian | Finance
IHSG Slips 7.89 Percent Over a Week, Market Capitalisation Slumps
Image: REPUBLIKA

Jakarta — The Indonesia Stock Exchange’s Jakarta Composite Index (IHSG) closed the last trading week in negative territory, dropping 7.89 percent to 7,585.687 from 8,235.485 a week earlier, according to a BEI statement on Saturday, 7 March 2026.

Market capitalisation on BEI fell 7.85 percent to Rp13,627 trillion from Rp14,787 trillion in the previous week. Average daily trading frequency declined 7.33 percent to 2.73 million trades from 2.95 million. BEI noted the daily transaction value also weakened, down 16.64 percent to Rp24.97 trillion from Rp29.95 trillion, while average daily volume shrank 17 percent to 42.34 billion shares from 51.02 billion.

Foreign investors posted a net sale of Rp263 billion for the week. In 2026 to date, foreign net selling totalled Rp7.29 trillion.

Amid the market weakness, BEI recorded three new bond issuances during 2–6 March 2026. On Wednesday (4 March 2026), the Sustainable Bond V WOM Finance Phase III Year 2026, issued by PT Wahana Ottomitra Multiartha Tbk, began trading at Rp1.5 trillion and received idAAA rating from PT Pemeringkat Efek Indonesia (PEFINDO). The bond trustee is PT Bank Rakyat Indonesia (Persero) Tbk.

On the same day, Sustainability Bond III Provident Investasi Bersama Phase II Year 2026, issued by PT Provident Investasi Bersama Tbk, was listed at Rp940 billion and carries an idA rating from PEFINDO, with Bank Rakyat Indonesia as trustee.

Additionally, Sustainability Bond I RMK Energy Phase II Year 2026, issued by PT RMK Energy Tbk, was listed at Rp560 billion and carries an idA rating from PEFINDO, with Bank KB Bukopin Tbk as trustee.

“With these three listings, total bond and sukuk issuances listed in 2026 amount to 36 issuances from 26 issuers worth Rp40.51 trillion,” BEI said.

Overall, BEI’s listed debt securities total 682 issuances with outstanding nominal Rp565.70 trillion and US$134.01 million from 133 issuers. Government securities (Surat Berharga Negara) listed stand at 186 series with nominal Rp6,683.44 trillion and US$352.10 million, while seven Asset-Backed Securities amount to Rp3.67 trillion.

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