Indonesia’s Stock Index Experiences Sharp Drop, Then Partial Recovery

Jakarta, CNBC Indonesia – The Composite Stock Price Index (IHSG) tumbled at the beginning of the week. After an initial plunge of over 3.5%, the index managed to lessen its decline and closed down 1.87%, or 154.57 points, at 8,117.15 on monday (2025/10/28 03:24:32).

Trading activity was high, with a total transaction value reaching IDR 29.70 trillion.

Throughout the day, 239 stocks rose, while 373 stocks fell. 239 stocks experienced no change. The biggest declines were seen in the consumer goods, basic materials, and financial sectors.

Several factors contributed to the market’s downturn. Global economic uncertainty, rising interest rates, and concerns about commodity prices all played a role. Investors are also closely watching geopolitical developments, which are adding to market volatility.

Analysts suggest that the IHSG’s recent performance is a correction after a period of strong gains. While the short-term outlook remains uncertain, many believe that the Indonesian stock market still has long-term growth potential. Indonesia’s strong economic fundamentals and growing middle class are seen as positive factors.

“It’s not unexpected to see a correction after the significant rally we’ve had,” said one market observer. “Investors are taking profits and reassessing their positions.”

Looking ahead, investors will be paying close attention to upcoming economic data releases and corporate earnings reports. These will provide further clues about the health of the Indonesian economy and the prospects for the stock market.