Indonesia Stocks Edge Up 0.64% Weekly on US Data Hopes

Indonesia's Composite Stock Price Index (IHSG) saw a modest gain of 0.64% during the trading week of July 27-31, 2026, closing at 6,236.12. Market capitalization increased by 0.48% to Rp 10.923 trillion. However, trading activity showed a decline, with average daily transaction value dropping 21.86% to Rp 15.44 trillion. Average daily transaction volume and frequency also fell significantly.

Foreign investors recorded a net selling value of Rp 250.58 billion on Friday, July 31, contributing to a year-to-date net selling of Rp 72.987 trillion. The IHSG's performance mirrored gains in most other Asian regional markets.

Analysts attributed the market's movement to responses to US economic data and China's Politburo meeting. The US Personal Consumption Expenditures (PCE) inflation eased to 3.7% year-on-year in June, while second-quarter economic growth slowed to 1.5%. This data fueled speculation that the US Federal Reserve might shift its focus from inflation control to mitigating economic slowdown, potentially leading to a pause in interest rate hikes at its September meeting.