Indonesian shares rise 0.82% as state-owned companies support gains
Six state-owned stocks contributed about 44% of the benchmark's advance, with Telkom Indonesia providing the largest lift among them.
Indonesia's IHSG benchmark finished the first trading session on 9 November 2026 at 5,091.752, gaining 41.323 points, or 0.82%. State-owned companies were among the main contributors to the increase.
Refinitiv figures cited by CNBC Indonesia showed that six state-owned stocks accounted for approximately 18.13 points of the advance. Their combined contribution represented roughly 44% of the index's gain at the midday break.
Telkom Indonesia (TLKM) provided the biggest contribution within that group, adding 9.11 points to the benchmark as its shares climbed to Rp2,060.
Among the state-owned banks, Bank Mandiri (BMRI) contributed 2.97 points, with its shares at Rp3,730. Bank Rakyat Indonesia (BBRI) accounted for 1.66 points at a share price of Rp2,820, while Bank Negara Indonesia (BBNI) added 1.23 points with its shares at Rp3,430.
Two non-financial companies also supported the rise. Aneka Tambang (ANTM) contributed 1.68 points, with its shares priced at Rp2,760, while Perusahaan Gas Negara (PGAS) added 1.48 points at Rp1,480.
