IHSG Closing Bell: Jakarta Composite Ends 2.14% Higher at 5,235.4 as RAJA, ENRG and TBIG Lead
The Jakarta Composite closed up 2.14% at 5,235.4 and the LQ45 rose 2.66% on Thursday as Tokyo, Hong Kong, Shanghai and Singapore fell and the rupiah weakened.
Indonesian stocks finished Thursday's session sharply higher, with the Jakarta Composite Index (IHSG) closing up 2.14% at 5,235.4, a gain of about 109.7 points from the previous close of 5,125.7. The blue-chip LQ45 did better still, rising 2.66% to 541.1.
The move ran against the grain of the region. Tokyo, Hong Kong, Shanghai and Singapore all ended lower, leaving Jakarta as the standout in Asia-Pacific while the rupiah gave back some ground.
Jakarta rallies while the region slips
The IHSG and the LQ45 both finished higher, and the larger gain in the LQ45 shows that large-cap names did much of the lifting. Neither benchmark is close to its 52-week peak, however. The IHSG's 52-week range runs from 4,904.3 to 9,134.7, and the index is still down 39.45% so far this year and 11.65% over the past month. The LQ45 is down 36.09% year to date.
Elsewhere in Asia the picture was weaker. The Nikkei 225 fell 0.7% to 60,819.4, the Hang Seng lost 1.26% to 24,008.6, the Shanghai Composite eased 0.22% to 3,655.8 and Singapore's Straits Times index slipped 0.12% to 5,283.3. Sydney's ASX 200 was the only other major close in the green, up 0.2% at 9,146.8.
Top movers on the Indonesia Stock Exchange
Among the biggest gainers, Rukun Raharja (RAJA) jumped 11.59% to 520, Energi Mega Persada (ENRG) rose 9.82% to 615, and Tower Bersama Infrastructure (TBIG) gained 9.5% to 1,095.
On the downside, Barito Pacific (BRPT) fell 6.71% to 765 and Merdeka Battery Materials (MBMA) dropped 5.1% to 298. Coal producer Indo Tambangraya Megah (ITMG) lost 4.55% to 23,625.
Regional movers beyond Jakarta
In Hong Kong, chip name SMIC rose 3.73% and Lenovo gained 2.41%, but BYD fell 3.82%, Meituan dropped 3.51% and Budweiser APAC lost 4.21%, which helped drag the Hang Seng lower. In Singapore, Venture Corporation climbed 5.22% while Mapletree Pan Asia Commercial Trust fell 2.54%. Sydney's Xero jumped 8.64% and Aristocrat Leisure sank 5.9%.
Rupiah weaker, gold and silver lower
The rupiah was softer in late afternoon trade. USD/IDR was quoted at 18,233, up 0.23% on the day, which means the dollar bought more rupiah. The Dollar Index was little changed at 102.877, down 0.03%.
In commodities, gold fell 1.44% to $3,929.78 an ounce and silver dropped 2.02% to $50.95. Copper slipped 1.03%. Brent crude edged up 0.25% to $92.99 a barrel.
What Wall Street handed Asia
Overnight, Wall Street closed firmly higher. The S&P 500 rose 1.31% to 7,619.38, the Nasdaq gained 1.6% to 25,466.19 and the Dow added 0.49%, with chipmakers among the leaders in the Nasdaq. The US 10-year Treasury yield stood at 4.998%. US futures were softer in Asian afternoon trade, with S&P 500 futures down 0.45% and Nasdaq 100 futures down 0.93%.
What to watch next
Attention now turns to Europe, where the DAX is up 1.01% and the FTSE 100 is up 0.29% in early trade, and then to Wall Street. Cisco and Applied Materials report earnings after the US close today, and Nvidia is due on November 17. For Jakarta, the next test is whether Friday's session can hold this rebound, with the rupiah and the direction of US futures likely to set the tone.
Markets at a glance
| Market | Last | Change | % Change |
|---|---|---|---|
| IHSG | 5,235.41 | +109.68 | +2.14% |
| LQ45 | 541.05 | +13.99 | +2.66% |
| Nikkei 225 | 60,819 | −429 | −0.70% |
| Hang Seng | 24,009 | −307 | −1.26% |
| Shanghai Comp. | 3,655.83 | −7.89 | −0.22% |
| Straits Times | 5,283.25 | −6.41 | −0.12% |
| USD/IDR | 18,233 | +42 | +0.23% |
| Gold (spot) | 3,929.78 | −57.25 | −1.44% |
Data as of 12 Nov 2026, 16:15 WIB (09:15 GMT). Source: JournalArta Markets (Yahoo Finance, Twelve Data); some exchange data may be delayed up to 15 minutes. Follow live prices on JournalArta Markets. This article is for information only and is not investment advice.
