Executive Summary

Key insights and market outlook

The Indonesian Composite Stock Price Index (IHSG) closed at 8,414.35, down 0.07% or 5.56 points on Friday ¹

². Despite the daily decline, the index has shown 1.72% monthly growth and 18.85% year-to-date growth ². Foreign investors recorded a net sell of Rp 26.57 billion across all markets, with significant transactions in stocks like BMRI, BRMS, and FILM ¹.

Full Analysis

02

Deep Dive Analysis

Indonesian Stock Market Ends Week on Slight Downturn

Mixed Performance Despite Overall Growth

The Indonesian Composite Stock Price Index (IHSG) closed at 8,414.35 on Friday, representing a decline of 5.56 points or 0.07% ¹

². This movement came despite positive overall performance metrics, with the index showing a 1.72% increase over the month and an 18.85% rise year-to-date ².

Foreign Investor Activity

Foreign investors recorded a net sell of Rp 26.57 billion across all markets on the day of the decline ¹

. The net sell in the regular market reached Rp 232.30 billion, while there was a net buy of Rp 205.73 billion in the negotiation market. Major net buy transactions were observed in stocks such as PT Bank Mandiri Tbk (BMRI) with Rp 174.2 billion, PT Bumi Resources Minerals Tbk (BRMS) with Rp 114.1 billion, and PT MD Entertainment Tbk (FILM) with Rp 100.3 billion ¹.

Market Capitalization and Trading Activity

The Indonesian stock market has shown significant growth throughout 2025, with the IHSG rising nearly 19% and market capitalization reaching over Rp 15,300 trillion ³

. Daily trading values have also been substantial, with transactions amounting to more than Rp 16.9 trillion. The market's overall health is reflected in its robust year-to-date performance despite occasional daily fluctuations.

Sector Performance and Notable Stocks

On the day of the decline, 274 stocks showed gains, while 352 stocks declined, and 187 remained stagnant ²

. The market breadth indicated mixed sentiment among investors. Notable corporate developments included PT Timah Tbk's (TINS) production challenges and the acquisition of Sampoerna Agro (SGRO) by AGPA Pte. Ltd., a subsidiary of POSCO International Corporation, in a deal worth Rp 9.44 trillion ⁴.

References