Market

Premium

Comparison of LQ45 and BUMN20 Stock Indices Throughout 2025

Erlina Fury Santika 17/01/2026 14:31 WIB

Bagikan URL has been copied

Memuat...

According to data compiled from the BEI, the LQ45 and BUMN20 stock indices fluctuated throughout 2025. However, the performance of the LQ45 index weakened.

Movement of the LQ45 and BUMN20 Stock Indices (January 2 - December 30, 2025)

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Comparison of LQ45 and BUMN20 Stock Indices Throughout 2025”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Movement of the LQ45 and BUMN20 Stock Indices (January 2 - December 30, 2025)

Download

Source

A Small
A Medium
A Bigger

Data collected by the Indonesia Stock Exchange (IDX) shows that the performance of the blue-chip stock indices LQ45 and BUMN20 fluctuated throughout 2025.

The LQ45 stock index ranged from 660-860 points daily throughout the year, while the BUMN20 index ranged from 290-380 points.

Nevertheless, if the index figures are normalized to the same level of 100 points, the BUMN20 index showed relatively stronger performance compared to LQ45.

Both experienced a sharp decline in the first quarter, but the LQ45's decline was more pronounced.

Entering the second quarter until mid-year, BUMN20 recovered more quickly and even recorded a significant increase above its initial level, while LQ45 rose more gradually and tended to be more volatile.

In the second half of the year, both indices strengthened again, but by the end of the period, BUMN20 remained at a higher level compared to LQ45.

According to Katadata.co.id's reporting, the LQ45 index, dominated by blue-chip stocks including large state-owned enterprises (SOEs), indeed lagged behind other benchmark indices, and even other developing countries.

Data from the Financial Services Authority (OJK) shows that the LQ45 index only grew by 2.41% throughout 2025. This achievement was far below the Composite Stock Price Index (IHSG), which rose by 22.13% year-on-year (yoy) and closed the year at 8,646. Throughout 2025, the IHSG even recorded a new high 24 times.

The Daya Anagata Nusantara Investment Management Agency (Danantara) believes this lagging performance reflects investor caution regarding structural risks, rather than merely weak issuer fundamentals.

Nevertheless, Danantara is optimistic that the performance of high-liquidity blue-chip stocks included in the LQ45 index can be boosted this year.

In its Danantara Economic Outlook 2026 report, the agency mentioned several initiatives deemed capable of boosting issuer performance on the IDX. Key catalysts include the potential expansion of flagship government programs, such as free meal provision, and Danantara's capital distribution to growth-oriented investment projects.

“If executed effectively, these initiatives should provide a clearer demand boost, reduce the risk of revenue decline, and support credit formation,” Danantara wrote in the Danantara Economic Outlook 2025, as quoted by Katadata.co.id on Tuesday, January 13, 2026.

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

6 IDX Stock Sectors Weakened, Industry Fell the Deepest (Thursday, January 15, 2026)

JCI Continues Strengthening Trend Towards 9,100 (Thursday, January 15, 2026)

JCI Closed Higher, Set New Record (Tuesday, January 13, 2026)

All IDX Stock Sectors Rise, Consumer Discretionary Highest (Wednesday, January 14, 2026)

New All-Time High, JCI Closed Above 9,000 (Wednesday, January 14, 2026)

Indonesian Rupiah Weakens to Rp 16,660 per US Dollar (Tuesday, May 13, 2025)

Latest Data Stories

Daily Prices of Branded Packaged Cooking Oil in Modern Markets, October 2023 - 2024 Economics & Macro 17/01/2026, 18:16 WIB

Today's weather forecast for Tabalong: Fog/Haze expected. Demographics 17/01/2026, 16:45 WIB

Construction Cost Index of Barito Timur Regency, Central Kalimantan Reaches 101.42 Points in 2025 Property 17/01/2026, 16:11 WIB

Astra Car Sales in Indonesia Fell 15% in 2025, Here's Its Monthly Trend Transportation & Logistics 17/01/2026, 16:00 WIB

Average Per Capita Monthly Expenditure in South Papua 2024 Consumer Services & Health 17/01/2026, 15:49 WIB

Daily Prices of Large Red Chilies in Traditional Markets of Papua Province Have Decreased by 25.21% Over the Past Month Economics & Macro 17/01/2026, 15:29 WIB

Download

Source

Comparison of LQ45 and BUMN20 Stock Indices Throughout 2025

Tags

Related Data

6 IDX Stock Sectors Weakened, Industry Fell the Deepest (Thursday, January 15, 2026)

JCI Continues Strengthening Trend Towards 9,100 (Thursday, January 15, 2026)

JCI Closed Higher, Set New Record (Tuesday, January 13, 2026)

All IDX Stock Sectors Rise, Consumer Discretionary Highest (Wednesday, January 14, 2026)

New All-Time High, JCI Closed Above 9,000 (Wednesday, January 14, 2026)

Indonesian Rupiah Weakens to Rp 16,660 per US Dollar (Tuesday, May 13, 2025)

Latest Data Stories

Popular Data

Comparison of LQ45 and BUMN20 Stock Indices Throughout 2025

Tags

Related Data

6 IDX Stock Sectors Weakened, Industry Fell the Deepest (Thursday, January 15, 2026)

JCI Continues Strengthening Trend Towards 9,100 (Thursday, January 15, 2026)

JCI Closed Higher, Set New Record (Tuesday, January 13, 2026)

All IDX Stock Sectors Rise, Consumer Discretionary Highest (Wednesday, January 14, 2026)

New All-Time High, JCI Closed Above 9,000 (Wednesday, January 14, 2026)

Indonesian Rupiah Weakens to Rp 16,660 per US Dollar (Tuesday, May 13, 2025)

Latest Data Stories

Trending Topics

Popular Data