The Composite Stock Price Index (IHSG) opened stronger by 9.80 points or 0.11 percent to 8,555.66 on Friday (November 28, 2025). Markets await Bank Indonesia's monetary policy direction for 2026 amid optimism for a Federal Reserve rate cut. Positive sentiments are also driven by rupiah strengthening and rebound in Asia-Pacific markets.
On the opening of trading Friday (November 28, 2025), the Composite Stock Price Index (IHSG) of the Indonesia Stock Exchange (BEI) rose 9.80 points or 0.11 percent to 8,555.66, while the LQ45 index dipped slightly 0.78 points or 0.09 percent to 851.25. The previous day, IHSG closed down 0.65 percent at 8,545.
Market participants are monitoring the Bank Indonesia Annual Meeting (PTBI) 2025 held that day, with the direction of monetary policy for 2026 in focus. "Key sentiment comes from the Bank Indonesia Annual Meeting (PTBI) 2025 held today, where markets await the direction of monetary policy for 2026 and the potential presence of President Prabowo Subianto which could add weight to the sentiment," stated the Lotus Andalan Sekuritas Research Team.
Domestically, the rupiah strengthened alongside a weaker US dollar due to chances of dovish figure Kevin Hassett becoming the next Fed Chair. Bank Indonesia supports stability through spot interventions, NDF, and SDA DHE support. Finance Minister Purbaya Yudhi Sadewa expressed optimism about national economic growth.
Globally, the probability of a Federal Reserve rate cut in December 2025 stands at 85-87 percent, up significantly from 30 percent a week earlier, bolstered by comments from officials like Mary Daly and Christopher Waller. Asian stock markets were mixed that morning: Nikkei 225 fell 0.07 percent to 50,132.00, Shanghai rose 0.11 percent to 3,879.10, Hang Seng dropped 0.20 percent to 25,889.00, and Straits Times gained 0.50 percent to 4,531.14.
Analysts predict IHSG potential rebound, with support at 8,480-8,520 and resistance at 8,570-8,600. Potential stocks like BRMS, MYOR, and PGAS are recommended for purchase.
