Gotrade News - Indonesia's composite index IHSG fell 0.20% or 15.02 points to 7,544.36 in the morning session on Wednesday (22/04). The decline was driven by a combination of domestic sentiment and global geopolitical uncertainty.
The rupiah also weakened 0.22% to Rp17,181 per US dollar as of 12:20 PM Jakarta time. Total market transaction value reached Rp9.25 trillion with 26.58 billion shares traded.
Key Takeaways:
- IHSG fell 0.20% to 7,544 under pressure from MSCI concerns, BI rate, and Middle East tensions
- Year-to-date, IHSG has corrected 12.75% from the start of 2026
- Transportation stocks bucked the trend with IMJS up 4%, TMAS up 3.15%, and GIAA up 2.78%
Three negative catalysts hit the market simultaneously during today's session. MSCI's stance on HSC stocks, the BI rate decision, and the escalating Middle East conflict all weighed on sentiment.
Year-to-date, IHSG has now corrected 12.75% from its early 2026 levels. The LQ45 index also declined 0.74% or 5.47 points to 738.19.
A total of 253 stocks fell while 402 stocks actually gained during the morning session. Trading frequency reached 1.67 million transactions.
Transportation stocks were the exception, posting positive moves against the broader market tide. IMJS rose 4% to Rp208, TMAS gained 3.15% to Rp131, and GIAA climbed 2.78% to Rp74.
Energy stocks were under pressure with CUAN falling 2.29% to Rp1,495. BIPI dropped 1.40% to Rp282 and INDY slipped 0.80% to Rp3,710.
Among the biggest decliners, DSSA plunged 10.79% to the 2,480 level. BREN also fell 7.53% to 5,525 on index removal concerns from BEI.
BBRI was the most actively traded stock with Rp348.40 billion in transaction value. BUMI and KOTA followed with Rp302.98 billion and Rp302.03 billion respectively.
Regional Asian markets showed mixed performance during the same session. Japan's Nikkei 225 rose 0.38% while Hong Kong's Hang Seng fell 1.33% and Singapore's Straits Times dropped 0.40%.
