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๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia /Economy & Trade

Indonesia Stocks Rise 2.46% in First Session; All Sectors Gain

From Tempo · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

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  • Indonesia's Composite Stock Price Index (IHSG) rose 2.46% to 5,886.01 in Friday's first trading session, extending its morning gains.
  • All sector indices were in positive territory, led by raw materials (IDXBASIC) up 3.80% and industrials (IDXINDUST) up 3.20%.
  • The index had previously fallen 4.55% last week due to significant foreign selling, but analysts predict it may consolidate between 5,500 and 6,400 if support at 5,700-5,800 holds.

Indonesia's Composite Stock Price Index (IHSG) surged 2.46% to close at 5,886.01 in the first trading session on Friday, July 3, 2026. This gain built upon a strong opening, where the index had already climbed 1.07% to 5,806.17.

All major sector indices experienced positive movement. The raw materials sector (IDXBASIC) saw the highest increase at 3.80%, followed closely by the industrial sector (IDXINDUST) which rose 3.20%. Other sectors also posted gains, with infrastructure (IDXINFRA) and energy (IDXENERGY) up 2.6% and 2.31% respectively. Technology (IDXTECHNO), property (IDXPROPERTY), and financial (IDXFINANCE) sectors also contributed to the rally, increasing by 1.92%, 1.60%, and 1.52% in that order.

This rebound follows a volatile previous week, during which the IHSG had dropped 4.55% to 5,896.13. That decline had erased significant market capitalization, reducing it from Rp 10.788 trillion to Rp 10.302 trillion. Equity Analyst at PT Indo Premier Sekuritas (IPOT), Brigita Kinari, attributed the previous correction to massive foreign sell-offs totaling a net Rp 3.19 trillion in the regular market. This selling pressure also impacted trading activity, reducing the average daily transaction frequency by 22.95% and the daily transaction volume by 26.01%.

Despite the current upward trend, IPOT forecasts a medium-term downtrend for the IHSG this week. However, if the 5,700โ€“5,800 support level holds, the index is expected to consolidate within the 5,500โ€“6,400 range.

DistantNews Editorial

Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.