Indonesia Stock Exchange Index Plummets Following MSCI Announcement (Wednesday, June 24, 2026)
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The Indonesia Composite Stock Price Index (IHSG) fell 3.56% to 5,883.88 at the close of trading on Wednesday, June 24, 2026.
The decline occurred after MSCI announced the results of its Market Classification Review, which raised concerns about Indonesia's capital market.
In an announcement released on Tuesday evening, June 23, 2026, MSCI stated that market participants remain concerned about issues of stock ownership transparency and alleged coordinated trading practices in the Indonesian stock market.
MSCI stated that it will continue to monitor these issues. If there is no improvement by November 2026, they will consider various options, including changing the classification of the Indonesian stock market from emerging to frontier.
According to the IDX-IC Sectoral Index, all 11 domestic stock sectors were corrected today.
The basic materials sector fell the most, by 6.64%, followed by the energy and transportation sectors, which declined by 5.99% and 4.84%, respectively.
According to RTI Business data, today's domestic stock trading frequency was 2.04 million transactions, with a total of 26.94 billion shares changing hands, and a transaction value of Rp15.16 trillion.
A total of 611 stocks closed lower today, 104 stocks stagnated, and 98 stocks rose.
Today's top losers were CTTH, which plummeted 15%, followed by ARKO, which fell 14.86%, and BABY, which declined 14.85%.
On the other hand, the stock with the code PTPW became the top gainer after soaring 24.79%, followed by BHAT, which rose 15.91%, and LINK, which strengthened by 13.70%.
In contrast to the IHSG, Asian stock markets tended to rise this afternoon. The Hang Seng Index rose 0.33% to 23,412.18; the Strait Times Index rose 0.2% to 5,215.99; the Shanghai Composite Index rose 0.11% to 4,110.81; while the Nikkei Index fell 0.88% to 69,174.97.
"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."
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| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Mei) | 3,08% | +0.66 | |
| Inflasi mom (Mei) | 0,28% | +0.15 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 18 | +0.59 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Neraca perdagangan (Apr) | 89,10 | -97.32 | |
| Ekspor Migas (Apr) | 1,16 | -9.81 | |
| Impor Migas (Apr) | 4,60 | +45.09 | |
| Ekspor (Apr) | 25,30 | +12.32 | |
| Impor (Apr) | 25,21 | +31.28 | |
| Kunjungan Wisman (Apr) | 1,25 | +14.75 | |
| NTP (Mei) | 113,79 | +1.34 |
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