Executive Summary

Key insights and market outlook

The Indonesian Composite Index (IHSG) started 2026 on a positive note, rising 0.43% to 8,684 ²

. The market was opened by Finance Minister Purbaya Yudhi Sadewa in the absence of President Prabowo Subianto ¹. Trading volume reached Rp 522.07 billion with 875.61 million shares traded across 94,540 transactions ². The index has gained 0.43% weekly, 1.57% monthly, and 7.04% quarterly ².

Full Analysis

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Deep Dive Analysis

Indonesian Stock Market Starts 2026 on Strong Footing

Positive Market Sentiment

The Indonesian Composite Index (IHSG) opened 2026 with a positive performance, rising to 8,684 on the first trading day ²

. This represents a 0.43% increase from the previous close. The market was officially opened by Finance Minister Purbaya Yudhi Sadewa in the absence of President Prabowo Subianto, who was expected to perform the opening ceremony ¹.

Market Performance

The trading activity was robust with Rp 522.07 billion in transaction value, involving 875.61 million shares across 94,540 transactions ²

. The market breadth showed 350 stocks rising, 131 declining, and 204 remaining unchanged. The IHSG has demonstrated consistent growth with weekly gain of 0.43%, monthly increase of 1.57%, and quarterly rise of 7.04% ².

Sectoral Performance

The energy sector led the gains among the sectoral indices, followed by raw materials, infrastructure, and consumer goods ⁶

. However, the financial sector showed a different trend, with IDXFINANCE index declining by 0.95% to 1,535 ⁷. Major bank stocks like PT Bank Central Asia Tbk (BBCA) also experienced a 0.62% drop to Rp 8,025 per share ⁷.

Market Outlook

Market analyst Hendra Wardana from Republik Investor projected that IHSG would likely move within the 8,600 - 8,720 range in the short term, citing strong support levels between 8,610-8,635 ³

. Finance Minister Purbaya expressed optimism that IHSG could reach 10,000 level in 2026, driven by government policies supporting economic growth and potential global monetary easing ⁴.

Regional Market Context

The Asian-Pacific markets showed mixed performance on the first trading day of 2026. While some markets were still closed due to New Year holidays, Singapore's market showed strong growth ⁵

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References