Indonesia’s Composite Stock Price Index (IHSG) opened up 0.18 percent at 5,397.34 points at the start of Friday’s session, a gain of 9.43 points.
The index touched an intraday high of 5,405.88, up 0.33 percent, within the first minute of trading before gains faded. It then slipped to a low of 5,387.61, with the index trading near 5,394.13 shortly after the open. Trading volume stood at 13.83 million lots for a value of 322.92 billion rupiah at the start of the session.
Domestic and global drivers
Market attention on the day included domestic government policy, conditions in the banking industry, and liquidity, alongside a decline on Wall Street. Investors were also weighing remarks by President Prabowo Subianto on natural resource management and the streamlining of state-owned enterprises.
The Indonesia Stock Exchange will exclude High Shareholding Concentration stocks from IHSG calculation starting 2 November 2026; until now only Papan Akselerasi stocks had been excluded from the index.
Japan inflation in focus
Japan’s September headline inflation came in at 2.1 percent on an annual basis, up from 1.9 percent in the two prior months. Core inflation excluding fresh food also rose to 2.1 percent, up from 1.7 percent in August.
The data, released Friday morning, matched market expectations.
