Indonesian Stock Market Ends Week on Positive Note Despite Foreign Sell-Off

Weekly Performance Highlights

The Indonesian Composite Stock Index (IHSG) closed the week ending January 9, 2026, on a positive note, rising 0.12% to 8,936.75. This modest gain contributed to a 2.16% weekly increase, demonstrating the market's resilience despite challenges. The week's performance was notable given the continued net sell-off by foreign investors, which often influences market dynamics.

Market Dynamics and Investor Sentiment

The IHSG's ability to maintain positive territory was observed amid foreign investors' continued net selling activity. This dynamic highlights the complex interplay between local and foreign investor sentiment in shaping market movements. The weekly gain of 2.16% suggests that domestic investors played a significant role in supporting the market, potentially offsetting some of the selling pressure from foreign investors.

Technical Observations

The closing level of 8,936.75 represents a 11.28 point increase from the previous trading day. While the daily gain was modest, the cumulative weekly performance underscores a positive trend in the Indonesian stock market. Market participants will likely be watching closely for factors that could influence future movements, including foreign investor activity and broader economic indicators.