Indonesian Political, Business & Finance News

JCI Opens Up 0.5%, Majority of Shares Remain Stagnant

| Source: CNBC Translated from Indonesian | Finance
JCI Opens Up 0.5%, Majority of Shares Remain Stagnant
Image: CNBC

The Jakarta Composite Index (IHSG) opened stronger on Thursday (6/8/2026), extending its rally in recent days amid improving global sentiment and optimism over the domestic economic outlook.

Based on data from the Indonesia Stock Exchange (BEI), at 09.00 WIB the IHSG stood at 6,382.69, up 31.55 points or 0.50% from the previous close of 6,351.14.

Transaction value reached Rp287.5 billion with a trading volume of 589.8 million shares across 47,700 transactions. A total of 296 shares advanced, 87 declined, and 580 remained unchanged.

The IHSG’s rise came amid mixed movements in Asia-Pacific markets. Citing CNBC International, Japan’s Nikkei 225 opened down around 0.5%, while the Topix edged slightly into positive territory. In South Korea, the Kospi fell around 1.8%, while the Kosdaq edged up. Australia’s benchmark S&P/ASX 200 rose around 0.1%.

Market sentiment today tended to be positive, supported by a combination of domestic and global catalysts. Domestically, optimism came after Indonesia’s economy grew 5.29% in the second quarter of 2026, surpassing the market consensus of 5.12%.

Statistics Indonesia (BPS) also reported that the poverty rate fell to its lowest level since 1999 and the unemployment rate touched its lowest position in more than three decades. The government added economic stimulus in the second half of 2026, ranging from social assistance, transport incentives, placement of Rp70 trillion in State General Cash (SAL) funds at Himbara banks to strengthen banking liquidity, to postponement of e-commerce tax collection to maintain public purchasing power.

Externally, hopes of easing US-Iran tensions continued to support risk sentiment after negotiations on reopening the Strait of Hormuz were reported to be making progress.

This prospect kept oil prices in a weakening trend, potentially easing global inflationary pressures. On the other hand, US labour data that was weaker than expected strengthened the case for monetary policy easing by the Federal Reserve, although US services sector activity remained in expansionary territory.

The combination of these sentiments is expected to continue supporting risk assets, including the IHSG and the rupiah, in today’s trading.

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