Indonesian Stock Market Surges on Second-Tier Stocks

Market Performance on November 26, 2025

The Indonesian Composite Index (IHSG) reached a new psychological level at 8,602.13, closing up 0.94% on November 26, 2025. The gain was primarily driven by second-tier stocks, which played a crucial role in the index's advancement.

Key Contributors to the Index

Several stocks were instrumental in the IHSG's performance. PT Dian Swastika Sentosa Tbk (DSSA) rose by 3.54%, contributing 13.94 points to the index. Additionally, PT Capital Financial Indonesia Tbk (CASA) experienced a significant surge of 25%, reaching Rp 1,525 per share and adding 13.36 points to the IHSG.

Impact of Major Stocks

Interestingly, the upward movement was despite some major stocks acting as drags on the index. For instance, PT Bank Central Asia Tbk (BBCA), a significant player in the market, detracted 7.01 points from the IHSG due to a 0.88% decline in its share price.

Market Outlook

The performance of the IHSG on November 26, 2025, highlights the growing influence of second-tier stocks in driving market movements. As the year comes to a close, investors will be watching closely to see if this trend continues and how major stocks respond in the final month of trading.