Executive Summary

Key insights and market outlook

The Indonesian Composite Stock Price Index (IHSG) has shown mixed performance recently, with gains up to 8,709.44 on December 15, 2025 ⁶

. Analysts predict further growth potential supported by potential Federal Reserve rate cuts in Q1 2026 ⁷. The energy sector led gains with 6.49% increase driven by stocks like Bumi Resources (BUMI) ³.

Full Analysis

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Deep Dive Analysis

Indonesian Stock Market Shows Resilience Amid Global Uncertainty

Market Performance Overview

The Indonesian Composite Stock Price Index (IHSG) has demonstrated mixed performance in recent trading sessions. On December 15, 2025, the index showed significant resilience by reaching 8,709.44, representing a 0.57% increase ⁶

. This movement was supported by various sectoral performances, with the health sector leading gains at 3.79% growth ⁶.

Sectoral Performance

The energy sector emerged as a significant contributor to the market's positive momentum, recording a 6.49% increase during the week of December 8-12, 2025 ³

. This surge was primarily driven by the performance of PT Bumi Resources Tbk (BUMI), which saw its stock price jump by 54.62% ³. The substantial rise in BUMI's stock was attributed to market speculation about its potential inclusion in the MSCI Standard Cap index ³.

Market Predictions and Future Outlook

Analysts from IPOT predict that the IHSG will continue to show strength in the coming week, with projected support levels at 8,570 and resistance at 8,800 ⁷

. The forecast is based on several key global economic indicators, including the upcoming release of the US Non-Farm Payrolls data and the S&P Global Composite PMI Flash for December ⁷.

Key Economic Indicators

US Non-Farm Payrolls data for October and November
S&P Global Composite PMI Flash for December
US inflation data for November

These indicators are expected to influence the Federal Reserve's monetary policy decisions, particularly regarding potential interest rate cuts in Q1 2026 ⁷

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References