IHSG Stagnant in First Session at 6,234 Level
Jakarta, CNBC Indonesia — The Composite Stock Price Index (IHSG) was flat in the first trading session today, Monday (3/8/2026), as market participants weighed a series of domestic and global sentiments set to colour trading throughout the week.
According to data from the Indonesia Stock Exchange (IDX), at 12.00 WIB the IHSG stood at 6,234.29, down 1.83 points or 0.03% from the previous week’s close of 6,236.13.
Transaction value reached Rp 7.68 trillion with a trading volume of 23.09 billion shares across 1.39 million transactions. A total of 323 shares rose, 294 declined, whilst 169 were unchanged.
Specifically, the stocks weighing on the IHSG’s performance today included DCII, BBCA and SRAJ.
The IHSG is expected to remain highly volatile in Monday’s (3/8/2026) trading after closing 0.64% higher at 6,236.13 last week. Market participants will be watching a number of global and domestic sentiments that could determine the market’s direction at the start of August.
Externally, Asia-Pacific stock markets opened uniformly in the red. Japan’s Nikkei 225 fell 1.43%, the Topix dropped 1.45%, whilst South Korea’s Kospi plunged as much as 4.57%.
In Australia, the S&P/ASX 200 also corrected 0.36%. The weakness came despite US President Donald Trump stating he had cancelled plans for an attack on Iran, opening the door to de-escalation of the conflict in the Middle East. Investors remain cautious whilst awaiting developments in negotiations and the geopolitical situation in the region.
Domestically, investors will be monitoring a raft of key data, from July inflation and manufacturing PMI to the trade balance, as well as a press conference by the Financial System Stability Committee (KSSK).
This week, market attention will also focus on the release of Indonesia’s Q2 2026 economic growth figures, China’s manufacturing and trade data, and US employment data, which will serve as a guide for the direction of Federal Reserve interest rate policy.
On fund flows, foreign investors were recorded booking a net buy of Rp 7.10 trillion throughout last week’s trading. However, that figure was heavily influenced by a jumbo transaction in shares of PT Mitra Adiperkasa Tbk (MAPI) worth around Rp 9.33 trillion on the negotiating market at the mandatory tender offer (MTO) price. Excluding that transaction, foreign investors actually still recorded a net sell of around Rp 2 trillion on the regular market.
This suggests that foreign selling pressure has begun to ease compared with the previous week, but has not yet fully turned into accumulation.
Last week’s foreign selling pressure remained concentrated on a number of blue-chip stocks such as PT Chandra Asri Pacific Tbk (TPIA), PT Aneka Tambang Tbk (ANTM), PT Metropolitan Kentjana Tbk (MKPI), PT Amman Mineral Internasional Tbk (AMMN), and PT Bank Mandiri Tbk (BMRI).
On the other hand, stocks targeted by foreign investors included PT Bank Central Asia Tbk (BBCA), PT Timah Tbk (TINS), PT Barito Pacific Tbk (BRPT), PT Merdeka Copper Gold Tbk (MDKA), and PT Vale Indonesia Tbk (INCO).
With this combination of sentiments, the IHSG’s movement early in the week is expected to be influenced by the market’s response to geopolitical developments in the Middle East, the opening of Asian markets, and the results of domestic economic data releases beginning today.