IHSG Closes Down 1.89% (Wednesday, July 8, 2026)

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Nabilah Muhamad 08/07/2026 18:00 WIB
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The Composite Stock Price Index (IHSG) from January 1 to July 8, 2026.
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The Composite Stock Price Index (IHSG) fell by 1.89% to 5,873.37 at the close of trading on Wednesday (8/7/2026).

The decline occurred following the announcement by index provider S&P Dow Jones Indices (DJI) that it has placed Indonesia on a watchlist for a potential downgrade from emerging market to frontier market status.

In its announcement, S&P DJI noted that the risk relates to transparency issues in the domestic market.

"Based on S&P DJI's Country Classification Methodology, if this issue remains unresolved one calendar year after the implementation of special measures, Indonesia's market classification will be reassessed in the subsequent annual review," S&P DJI said in its official announcement, as reported by Katadata.

Based on the IDX-IC Sector Index, 10 out of 11 domestic stock sectors corrected today.

The commodities sector fell the most, by 4.35%, followed by the property sector and the non-primary consumer goods sector, which declined by 2.68% and 2.50% respectively.

However, one sector strengthened, namely the healthcare sector, which rose by 1%.

According to RTI Business data, today's domestic stock trading frequency reached 1.97 million transactions, with a total of 22.49 billion shares changing hands, and a transaction value of Rp10.53 trillion.

A total of 482 stocks closed lower today, 191 stocks rose, and 116 stocks remained stagnant.

Today's top losers were BAPA, which plummeted by 14.98%, followed by BIPP, which fell by 14.29%, and LAND, which corrected by 14.29%.

On the other hand, the top gainer was JECX, which soared by 25%, followed by JELI, which rose by 24.89%, and MMIX, which strengthened by 24.51%.

Asian stock markets closed mixed today. The Nikkei Index fell by 2.11% to 66,819.05; the Hang Seng Index rose by 2.99% to 24,199.46; the Shanghai Composite Index declined by 0.49% to 3,970.88; and the Strait Times Index rose by 0.51% to 5,369.57.

"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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Market Data

Macro update by
08 July 2026
Macro
Exchange Rates
Commodities
Employment
Name Value %
Inflasi yoy (Jun) 3,34% +0.26
Inflasi mom (Jun) 0,44% +0.16
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 17.994 +0.03
PDB ADHK (Q1) 3.447,70 -0.77
Ekspor Migas (Mei) 758,10 -34.38
Neraca perdagangan (Mei) -1,61 -1,907.18
Impor Migas (Mei) 4,51 -1.82
Ekspor (Mei) 23,20 -8.30
Impor (Mei) 24,81 -1.59
Kunjungan Wisman (Mei) 1,38 +10.69
NTP (Jun) 114,65 +0.76

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