Jakarta Composite Index Closes Down 1.60 Per Cent in Morning Session; Stock Exchange Chief Urges Investors to Remain Rational
Jakarta — Indonesia’s Jakarta Composite Index (IHSG) closed in red during the first trading session on Monday, 2 March 2026. The index fell 131.767 points or 1.60 per cent to reach 8,103.718.
Opening at 8,092.905, the IHSG initially moved upward, touching a high of 8,133.692. However, selling pressure dominated the market, pushing the index down to a low of 8,039.508 before closing at the 8,100 level.
In terms of trading activity, volume recorded was substantial at 33.272 billion shares with transaction value reaching Rp16.614 trillion. The number of transactions reached 2,184,734.
The Indonesia Stock Exchange’s market capitalisation touched Rp14.549 trillion, declining in line with the weakening index.
The escalation of conflict between Iran and Israel, which has triggered volatility in global financial markets, has also weighed on Indonesia’s capital market performance.
Amid increasing geopolitical uncertainty, the stock exchange authorities have called on market participants to remain calm and rational in making investment decisions.
Acting Chief Executive of PT Indonesia Stock Exchange (IDX), Jeffrey Hendrik, stated that faced with increased uncertainty resulting from geopolitical escalation in the Middle East, investors must remain composed and rational in their decision-making.
Market volatility in such situations is typically driven by short-term sentiment and shifting risk perception; price fluctuations do not always reflect the true fundamental condition of companies.
Therefore, it is important for investors to adhere to fundamental analysis, including companies’ financial performance, business prospects, cash flow, and debt positions.
Investment decisions should be based on careful calculation rather than panic or short-term speculation.
“Facing increased uncertainty due to the geopolitical escalation occurring at the global level, we urge investors to remain rational and always pay attention to fundamentals,” Jeffrey told reporters on Monday.
He added that investment strategies should be tailored to each investor’s risk profile and tolerance. “Adjust your investment strategy according to each investor’s risk tolerance,” he stated.