Indonesian Composite Index Shows Strong Weekly Performance

Market Overview

The Indonesian Composite Index (IHSG) demonstrated significant strength during the past week, closing at 8,936.75 after a 0.13% daily gain. This performance represents a substantial 2.16% weekly increase, with the index momentarily breaking through the 9,000 level during intraday trading.

Driving Factors Behind the Gain

According to Herditya Wicaksana, an analyst from MNC Sekuritas, the index's upward movement was accompanied by increased buying volume, indicating robust investor interest. Several key factors contributed to this positive market sentiment:

1. Macroeconomic Data Release: The inflation rate for December 2025 was reported at 2.92% year-on-year, while foreign reserves showed a significant increase to $156.5 billion by the end of December 2025.
2. Global Market Sentiments: The escalating conflict between the United States and Venezuela early in the week created global market uncertainty, leading to a rise in gold prices as investors sought safe-haven assets.
3. Commodity Price Movement: The strengthening nickel prices had a positive impact on related stocks within the IHSG, contributing to the overall index performance.

Market Outlook

The combination of positive domestic macroeconomic indicators and favorable commodity price movements created a supportive environment for the IHSG's growth. As the market continues into the new week, investors will be watching for further developments in both domestic and international factors that could influence the index's trajectory.