IHSG Trims Correction, Closes Down 1.05% Today

Jakarta — The Jakarta Composite Index (IHSG) concluded trading today, Thursday 26 February 2026, in negative territory. However, the IHSG managed to trim its losses before closing trading.

The IHSG closed down 86.97 points or 1.05% at 8,235.26. Earlier, the IHSG had plummeted to a 2% decline.

In total, 594 stocks declined, 157 rose, and 207 remained unchanged. Transaction value reached Rp 27.85 trillion, involving 54.04 billion shares across 3.09 million transactions. Market capitalisation declined to Rp 14.744 trillion.

According to Refinitiv, all sectors experienced corrections. The industrial sector fell 2.4%, non-essential consumer stocks dropped 2.06%, property declined 1.88%, and raw materials fell 1.7%.

Bukit Ulluwatu Villa (BUVA) was recorded as the primary weighted drag with a burden of −5.11 index points. Subsequently, VKTR Mobilitas Teknologi (VKTR) and Impack Pratama Industri (IMPC) each burdened the IHSG by −5.08 index points and −5.02 index points respectively.

Meanwhile, foreign investors recorded a net buy of Rp 256.4 billion in the first session of trading. Trimegah Bangun Persada (NCKL) became the stock with the largest net buy at Rp 690.1 billion, followed by Merdeka Copper Gold (MDKA) at Rp 82.6 billion and Bank Rakyat Indonesia (BBRI) at Rp 66.3 billion.

The IHSG was shadowed by geopolitical conditions during today’s trading. Iran and the United States will hold a high-level meeting to discuss Tehran’s nuclear agreement in Geneva, Switzerland, today 26 February 2026. Although reassuring, this does not necessarily ease tensions between the two nations.

Western nations have long believed Iran intends to develop nuclear weapons. However, Iran itself claims its actions are for peaceful purposes.

US President Donald Trump has also continued to threaten military strikes if the agreement does not materialise. Although stating he favours negotiation, he has not ruled out the potential for military action.

“My preference is to resolve the issue through diplomacy, but one thing is certain, I will not allow the world’s number one state sponsor of terror to possess nuclear weapons,” Trump stated.