IHSG Strengthens 0.5%, Climbs to 7,092 Level

Jakarta, CNBC Indonesia - The Composite Stock Price Index (IHSG) opened stronger by 0.50% or 35.36 points to the level of 7,092.47 at the end of the second trading session today, Wednesday (6/5/2026). A total of 341 stocks strengthened, 196 stocks were stagnant, and only 290 stocks weakened.

The transaction value was recorded at Rp17.71 trillion, with a trading volume of 37.07 billion shares changing hands in 2.48 million transactions.

The majority of trading sectors strengthened, with the highest gains recorded in the technology and basic materials sectors. Meanwhile, only the energy, primary consumer, and financial sectors weakened.

The issuers supporting the IHSG’s performance today included MORA, TPIA, DCII, BRMS, and BREN.

Meanwhile, the weights dragging down the IHSG’s performance today were CASA, AMMN, ASII, BBNI, and CUAN.

The IHSG rose in line with the Central Statistics Agency (BPS) reporting that Indonesia’s economic growth in the first quarter of 2026 reached 5.61% year-on-year (yoy).

This growth rate is higher than the 5.39% in the fourth quarter of 2026 and the same period the previous year, or the first quarter of 2025, at 4.87% yoy.

Turning to the foreign exchange market, the rupiah exchange rate closed at its all-time weakest level against the US dollar on Tuesday’s trading (5/5/2026). This pressure occurred alongside the announcement of Indonesia’s first-quarter 2026 economic growth data.

Referring to Refinitiv data, the rupiah closed down 0.26% at Rp17,410/US$. That position also became the rupiah’s weakest closing level ever.

Throughout the trading session, the rupiah moved in the range of Rp17,380-Rp17,445/US$. This weakening also extended the Garuda currency’s depreciation trend to five consecutive trading days.