Indonesian Composite Index Posts Modest Gain Amid Global Uncertainty

Market Performance Overview

The Indonesian Composite Index (IHSG) closed at 8,414.35 on Friday, November 21, 2025, representing a modest weekly gain of 0.19% or 16.21 points. Despite experiencing intraday fluctuations throughout the week, the index demonstrated resilience in the face of heightened global and regional market volatility. On the final trading day, the index showed a slight decline of 0.066% or 5.57 points, closing at 8,414.35.

Factors Driving Market Movement

Reza Diofanda, Technical Analyst at BRI Danareksa Sekuritas, attributed the index's resilience to positive global catalysts. The resolution of the US government shutdown was identified as a key factor that mitigated global market risks and provided support to the IHSG. This development helped maintain investor confidence despite prevailing market uncertainties.

Market Dynamics and Investor Sentiment

The week's market performance was characterized by fluctuating movements influenced by a mix of external factors. While regional volatility presented challenges, the IHSG's ability to post a weekly gain underscores the market's underlying strength. The index's performance suggests that positive global sentiment can offset some of the domestic and regional concerns.