Jakarta-The Indonesian Stock Exchange’s benchmark Composite Index surged to a record close Monday, signaling continued economic optimism in Southeast Asia’s largest economy. The IHSG‘s 1.85% gain, driven by significant volume and broad-based advances, comes amid ongoing portfolio rebalancing by international investment firms [[1]]. Trading was particularly active in renewable energy and mineral resource companies following MSCI index adjustments.
Jakarta — The Indonesian Stock Exchange’s Composite Index (IHSG) reached a record closing high on Monday, November 24, 2025, fueled by strong trading volumes and gains in key sectors. The IHSG closed up 155.90 points, or 1.85%, at 8,570.25.
The index maintained a positive trajectory throughout the trading day, opening with a 0.52% increase and finishing the first session up 0.84%.
A total of 343 stocks advanced, while 297 declined, and 172 remained unchanged. Trading value reached a substantial Rp 42.15 trillion (approximately $2.6 billion USD), involving 49.89 billion shares across 2.55 million transactions. This robust activity signals strong investor confidence in the Indonesian market.
Barito Renewables Energy (BREN) and Bumi Resources Minerals (BRMS) accounted for the bulk of the day’s trading volume, with transactions totaling Rp 17.54 trillion and Rp 12.14 trillion, respectively. Shares of BREN rose 2.79% and BRMS increased by 3.54%.
The high trading volume in both companies was driven by a rebalancing of the MSCI Indonesia Index at the close of trading.
MSCI implemented changes to its Global Standard, Small Cap, and Micro Cap equity indexes on Monday, November 24, with the following adjustments:
- MSCI Indonesia Global Standard: BRMS and BREN added; KLBF and ICBP removed
- MSCI Indonesia Small Cap: DSNG, ENRG, MSIN, RAJA, WIFI and KLBF added; BRMS, SMSM and ULTJ removed
Telekom Indonesia (TLKM) and Dian Swastatika Sentosa (DSSA) were also major contributors to the index’s gains. TLKM and DSSA added 21.97 index points and 21.06 index points, respectively, to the IHSG’s overall increase.
Amman Mineral Internasional (AMMN), a mining company affiliated with the Salim Group, also contributed significantly, adding 19.97 index points. TLKM, DSSA, and AMMN saw their share prices rise by 5.71%, 5.7%, and 9.65%, respectively.
The IHSG’s strong performance was further bolstered by positive sentiment surrounding Bank Mandiri (BMRI). Shares of the state-owned bank jumped 3.03% to Rp 5,100, contributing 12.48 index points to the day’s gains.
Additionally, BREN and BRMS, newly included in the MSCI Indonesia Global Standard, supported the IHSG’s performance, contributing 11.35 index points and 4.28 index points, respectively.
(mkh/mkh)
