Indonesia’s IDX Composite Index Declines Amidst Global and Domestic Concerns

Jakarta, Indonesia – The Indonesia Stock Exchange (IDX) Composite Index experienced a significant downturn on Wednesday, March 4, 2026, closing at 7,557.06, a decrease of 4.57% or 362.71 points. This decline reflects a combination of international geopolitical tensions and domestic economic factors.

Market Performance Overview

The trading day saw substantial activity, with a total transaction value reaching IDR 29.72 trillion, involving 53.61 billion shares across 3.30 million transactions. Of the listed stocks, 54 saw gains, while 734 experienced declines, and 33 remained unchanged. CNBC Indonesia provides real-time updates on the IHSG.

Foreign Investor Activity

Despite the overall market decline, foreign investors demonstrated net purchases of IDR 96.06 billion in both the negotiation and cash markets. However, they also recorded net sales of IDR 213.98 billion in the regular market and IDR 117.91 billion across all markets, indicating a mixed sentiment.

Stocks with Significant Foreign Net Buying

Several stocks attracted considerable attention from foreign investors, partially offsetting the day’s correction. According to Stockbit data, the following companies experienced the highest net foreign buying on Wednesday, March 4, 2026:

• PT Bumi Resources Tbk. (BUMI) – IDR 114.61 billion
• PT Petrosea Tbk. (PTRO) – IDR 87.26 billion
• PT Bukit Asam Tbk. (PTBA) – IDR 72.42 billion
• PT Barito Pacific Tbk. (BRPT) – IDR 72.16 billion
• PT Darma Henwa Tbk. (DEWA) – IDR 67.43 billion
• PT Merdeka Copper Gold Tbk. (MDKA) – IDR 50.40 billion
• PT United Tractors Tbk. (UNTR) – IDR 46.49 billion
• PT Merdeka Battery Materials Tbk. (MBMA) – IDR 45.18 billion
• PT Indo Tambangraya Megah Tbk. (ITMG) – IDR 44.20 billion
• PT Medco Energi Internasional Tbk. (MEDC) – IDR 40.65 billion

Broader Market Context

As of March 5, 2026, at 9:38 AM GMT+7, the IDX Composite stood at 7,731.59, according to Google Finance. This represents a recovery from the previous day’s losses, but ongoing global uncertainties continue to influence market sentiment. The Investing.com website provides detailed information on the IHSG, including historical data and technical analysis. Recent reports from Trading Economics indicate that the IHSG had fallen to 7940 points on March 3, 2026, a decrease of 0.96% from the previous session.

Looking Ahead

The Indonesian stock market’s performance will likely continue to be influenced by global events, including geopolitical tensions, and domestic economic indicators such as inflation. Investors are advised to closely monitor these factors and exercise caution in their investment decisions.