Indonesian Stock Market Shows Resilience Amid Global Uncertainty

Weekly Performance and Sectoral Highlights

The Indonesian Composite Stock Price Index (IHSG) demonstrated resilience by closing 0.46% higher at 8,660.50 on Friday, December 12, 2025 ¹

. While showing a marginal weekly decline of 0.19%, the market's performance was influenced by a combination of global and domestic factors. Investors remained cautious, closely monitoring The Federal Reserve's monetary policy signals and developments in US-Indonesia trade negotiations ¹

Source 1

https://investasi.kontan.co.id/news/ihsg-menguat-pada-akhir-pekan-pasar-pantau-sinyal-the-fed-dan-negosiasi-ri-as

.

Sectoral Performance and Market Drivers

The market's positive close was primarily driven by significant gains in the raw materials sector, which surged by 5.52% ²

. The energy sector followed with a 1.23% increase, while the property and real estate sector also contributed with a 1.02% gain ³

Source 3

https://investasi.kontan.co.id/news/bbri-dan-bbca-teratas-cermati-saham-net-sell-terbesar-asing-dalam-sepekan-ini

. These sectoral movements indicate a broad-based recovery, with commodity-related sectors leading the charge.

Market Sentiment and Future Outlook

The overall market sentiment remains cautious as investors await further clarity on global monetary policies and trade developments. The update on the FOMC Dot Plot showed a reduced likelihood of further rate cuts in 2026, with only one potential reduction expected ¹

. This information has tempered market expectations, maintaining a careful investment approach.

Foreign Investor Activity

Foreign investors recorded a net buy position of Rp 1.52 trillion during the week, indicating continued interest in Indonesian equities despite global uncertainties ²

. The market will likely continue to monitor foreign investor sentiment and global economic indicators in the coming weeks.