Jakarta-Indonesia’s stock market experienced a downturn Tuesday,reversing gains from the previous session as the benchmark IHSG closed at 8,521.89, down 0.56%. The decline follows a period of relative stability for the index, which recently benefitted from Monday’s 1.85% increase , and reflects broader sectoral corrections impacting key financial and utility stocks.Despite the day’s losses, trading volume remained robust at Rp 27.7 trillion, indicating sustained investor engagement in the Indonesian equity market.
Jakarta — The Indonesian stock market’s benchmark index, the IHSG, closed lower on Tuesday, November 25, 2025. The index finished down 48.36 points, or 0.56%, at 8,521.89.
Throughout the trading day, the IHSG fluctuated between 8,487.22 and 8,574.39. The index briefly experienced a correction of as much as 0.97%, falling below the 8,500 level. This decline follows a strong performance on Monday, when the IHSG gained 1.85%.
A total of 390 stocks declined, while 282 rose and 282 remained unchanged. Total transaction value reached Rp 27.7 trillion (approximately $1.7 billion USD), involving 52.68 billion shares across 2.53 million transactions. The day’s trading volume suggests continued investor interest in the Indonesian market, despite the downturn.
Activity in the negotiated market contributed significantly to the day’s transaction value. Shares of Impack Pratama Industri (IMPC) were traded for Rp 1.6 trillion ($98.7 million USD), with 700 million shares changing hands at Rp 2,300 per share. Bumi Resources (BUMI) also saw substantial negotiated trades, totaling Rp 1 trillion ($61.5 million USD) for 4.67 billion shares at Rp 219 each. The brokers facilitating these transactions and the purpose behind them remain undisclosed.
Foreign investors recorded net sales of Rp 1.8 trillion ($110.7 million USD) across the entire market during the first trading session. This was comprised of Rp 5 trillion ($307.6 million USD) in foreign sales and Rp 3.2 trillion ($196.9 million USD) in foreign purchases.
Bank Rakyat Indonesia (BBRI) experienced the largest net sales, totaling Rp 539.7 billion ($33.1 million USD), followed by Barito Pacific (BRPT) at Rp 162.1 billion ($9.9 million USD) and EMTK at Rp 97.6 billion ($6.0 million USD).
According to Refinitiv data, most sectors experienced corrections during Tuesday’s trading. The utilities, property, and financial sectors saw the steepest declines.
Large-cap banks and conglomerates were among the primary contributors to the downward pressure on the IHSG. Barito Renewables Energy (BREN) and Bank Rakyat Indonesia (BBRI) weighed most heavily on the index, subtracting 20.65 and 19.72 index points, respectively. Shares of both companies fell 4.69% and 3.77%, respectively.
Additional pressure came from other major banking stocks, including Bank Mandiri (BMRI), which subtracted 9.98 index points, and Bank Central Asia (BBCA), which subtracted 7.07 index points.
(mkh/mkh)
