IHSG Today 16 March 2026: Plunges to 6,990 Level

Indonesia’s Composite Stock Price Index (IHSG) at the Indonesia Stock Exchange (IDX) opened in negative territory during the early trading session on Monday, 16 March 2026. At 9:47 WIB, the IHSG was recorded as declining by 160 points or 2.11% to the 6,990 level.

The IHSG’s decline today represents a continuation of the negative trend that occurred at the end of last week. Shortly after the opening, selling pressure intensified significantly, with the index dropping below the psychological 7,000 level, reaching approximately 6,921 in the opening minutes of trading.

Based on trading data, the decline was triggered by several negative sentiments from both domestic and global sources, including heightened geopolitical tensions and expectations regarding the Federal Reserve’s policy direction.

By 9:10 WIB, trading frequency recorded 261,236 transactions with traded share volumes reaching 5.28 billion shares valued at Rp2.08 trillion. Only 80 shares rose, whilst 554 shares fell, and 86 shares remained unchanged.

Analysts estimate that the IHSG will trade within the support range of 6,991 and resistance of 7,140 today. Investors are advised to remain vigilant regarding high volatility amid global uncertainty and ahead of the extended Eid al-Fitr holiday period.