IHSG Strengthens Following Gibran’s Resignation and MSCI Announcement (Thursday, November 12, 2026)
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The Indonesia Composite Stock Price Index (IHSG) strengthened by 2.66% to 5,250.90 at the close of trading on Thursday (12/11/2026).
The strengthening of the IHSG occurred amid two major domestic events, namely the resignation of Vice President Gibran Rakabuming Raka, and the announcement of the results of the Morgan Stanley Capital International (MSCI) index review for November 2026.
In the review results, MSCI removed PT Barito Pacific Tbk (BRPT) and PT Bumi Resources Minerals Tbk (BRMS) from the MSCI Global Standard Indexes. However, BRMS moved to the MSCI Global Small Cap Indexes.
In addition, seven other stocks were removed from the MSCI Small Cap index.
Here is the list of Indonesian stocks that underwent classification changes in the MSCI November 2026 review:
- PT Barito Pacific Tbk (BRPT): removed from Standard and not included in Small Cap
- PT Bumi Resources Minerals Tbk (BRMS): moved from Standard to Small Cap
- PT Avia Avian Tbk (AVIA): removed from Small Cap
- PT Ciputra Development Tbk (CTRA): removed from Small Cap
- PT Dayamitra Telekomunikasi Tbk (MTEL): removed from Small Cap
- PT Elang Mahkota Teknologi Tbk (EMTK): removed from Small Cap
- PT Jasa Marga (Persero) Tbk (JSMR): removed from Small Cap
- PT Rukun Raharja Tbk (RAJA): removed from Small Cap
- PT Solusi Sinergi Digital Tbk (WIFI): removed from Small Cap
According to the IDX-IC Sectoral Index, all or 11 domestic stock sectors strengthened today.
The industrial sector led with an increase of up to 4.53%, followed by the transportation and energy sectors, which rose by 3.12% and 2.86% respectively.
According to RTI Business data, the frequency of domestic stock trading today reached 1.5 million transactions, with a total of 41.31 billion shares changing hands and a total transaction value of around Rp12 trillion.
A total of 496 stocks closed higher today, 115 stocks weakened, and 105 stocks remained stagnant.
The top gainer today is TRON, which surged 34.48%, followed by VKTR and AGAR, which rose 25% and 24.91% respectively.
BSML and MORA became the top losers, having both fallen 6.98%, followed by TFCO, which weakened by 6.94%, and MMIX, which dropped 6.81%.
Unlike the IHSG, Asian stock markets tended to weaken this afternoon. The Nikkei index fell 0.70% to 60,819.36; the Hang Seng index declined 1.26% to 24,008.55; the Shanghai index dropped 0.67% to 3,655.83; and the Strait Times index fell 0.13% to 5,282.70.
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Related Data
Market Data
| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Okt) | 3,23% | -0.05 | |
| Inflasi mom (Agu) | 0,21% | +0.35 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 18.241 | +0.53 | |
| PDB ADHK (Q2) | 3.576,20 | +3.73 | |
| Ekspor Migas (Sep) | 951,70 | -4.08 | |
| Neraca perdagangan (Sep) | 3,36 | -5.51 | |
| Impor Migas (Sep) | 3,27 | -7.35 | |
| Ekspor (Sep) | 27,59 | +3.68 | |
| Impor (Sep) | 24,23 | +5.09 | |
| Kunjungan Wisman (Sep) | 1,43 | -10.79 | |
| NTP (Jul) | 116,16 | +1.32 |