The Composite Stock Price Index (IHSG) closed at a record high of 8,602.13 on Wednesday, November 26, 2025, up 0.94 percent. Thursday's opening showed a slight gain to 8,611, though limited correction potential looms. Positive sentiment stems from Indonesia's strong economic fundamentals and global market gains.
On Wednesday, November 26, 2025, the IHSG rose 80.24 points or 0.94 percent to 8,602.13, hitting a new record. The LQ45 index gained 7.61 points or 0.89 percent to 864.77. The energy sector led with a 2.11 percent rise, followed by finance at 1.79 percent and basic materials at 1.38 percent. Top gainers included JAWA, DNAR, UNTD, CASA, and MINA, while biggest losers were SMDM, DEPO, KUAS, WEHA, and SWID.
Finance Minister Purbaya Yudhi Sadewa expressed confidence that the record is backed by Indonesia's strong economic fundamentals. "If there's no optimism in the economy, it wouldn't rise to 8,600," he said at the Coordinating Ministry for Economic Affairs in Jakarta. He highlighted investors' forward-looking approach, expecting faster growth from development programs.
On Thursday, November 27, 2025, the IHSG opened up 9 points or 0.11 percent at 8,611. However, Fanny Suherman of BNI Sekuritas predicted limited weakening. "IHSG has potential to weaken limited today," she stated. Support at 8,530-8,570, resistance 8,640-8,670.
Global sentiment bolstered: Asia-Pacific markets rose Wednesday, Nikkei 225 up nearly 2 percent, Kospi 2.67 percent. Wall Street extended a four-day rally, Dow Jones +0.67 percent, fueled by Fed rate cut expectations for December. Mirae Asset Senior Market M. Nafan Aji Gusta projects continued uptrend, with positive Stochastics and RSI indicators. Stock recommendations: ESSA (buy 615-640, target 645), SCMA (374-384, target 392), UNTR (27,350-27,950, target 28,725). Government forecasts 5.4-5.6 percent growth by end-2025.
