IHSG Stagnant in First Session Amid Mixed Regional Sentiment

The Jakarta Composite Index (IHSG) stagnated during Thursday’s (6/8/2026) trading, closing the first session at 6,351.22, unchanged from the previous close, according to Indonesia Stock Exchange (IDX) data. Throughout the morning session, the IHSG moved within a range, dipping to a low of 6,324 and touching a high of 6,388. Trading activity was relatively busy, with a transaction value reaching Rp 10.36 trillion, involving 34.72 billion shares across 1.63 million trades. Market breadth was negative, with 333 stocks declining, 274 advancing, and 184 remaining flat. The utilities, industrial, and primary consumer goods sectors led the gains, while the healthcare, technology, property, and financial sectors recorded corrections. The IHSG’s flat performance occurred against a backdrop of varied regional indices. Japan’s Nikkei 225 opened lower by around 0.5%, while the broader Topix edged slightly into positive territory. South Korea’s Kospi fell approximately 1.8%, whereas the Kosdaq posted a slight gain. Australia’s benchmark S&P/ASX 200 rose about 0.1%. Domestically, sentiment was buoyed by Indonesia’s economic growth of 5.29% in the second quarter of 2026, surpassing market consensus. Additionally, the government introduced further stimulus measures for the second half of the year, including social assistance, transport incentives, and the placement of Rp 70 trillion in state funds with Himbara banks to bolster banking liquidity, alongside a postponement of e-commerce tax collection to sustain public purchasing power. Globally, risk appetite was supported by progress in US-Iran negotiations regarding the reopening of the Strait of Hormuz, which has kept oil prices under pressure and helped ease inflation concerns. Furthermore, weaker-than-expected US labour market data reinforced expectations of a more dovish monetary policy stance from the Federal Reserve, providing additional support for risk assets, including the IHSG and the rupiah.