Executive Summary

Key insights and market outlook

The Indonesian Composite Stock Price Index (IHSG) closed 0.43% higher at 8,686.47 on December 16, 2025 ²

. The index showed a mixed performance throughout the day, with eight sectoral indices rising while three declined ². Key gainers in LQ45 included DSSA, SCMA, and EMTK ⁵. The market is expected to remain cautious ahead of Bank Indonesia's monetary policy decision on December 17, 2025 ⁶.

Full Analysis

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Deep Dive Analysis

Indonesian Stock Market Shows Resilience with 0.43% Gain

Market Overview on December 16, 2025

The Indonesian Composite Stock Price Index (IHSG) demonstrated a positive close on December 16, 2025, rising 0.43% to 8,686.47 ²

. This movement was supported by gains in eight sectoral indices, with the technology sector leading the charge with a 3.16% increase ². The energy and infrastructure sectors also showed significant gains, rising 1.37% and 0.84% respectively ².

Sectoral Performance and Key Movers

The market exhibited a mixed performance across various sectors. While the technology sector surged by 3.16%, the energy sector gained 1.37%, and infrastructure rose by 0.84% ²

. In contrast, some sectors experienced declines, reflecting the cautious sentiment among investors. Among LQ45 stocks, DSSA, SCMA, and EMTK emerged as top gainers on December 16, 2025 ⁵.

Market Sentiment and Future Outlook

Despite the positive close, market participants remained cautious due to global uncertainties and upcoming economic data releases ⁶

. The foreign exchange market also influenced investor sentiment, with the rupiah closing weaker at Rp16,685 per USD ⁶. Analysts from Phintraco Sekuritas noted that investors were adopting a wait-and-see approach ahead of Bank Indonesia's monetary policy decision scheduled for December 17, 2025 ⁶.