Indonesia's IHSG falls 2.59% to lowest close in three months
Every sector declined, with utilities losing 9.35%. Dian Swastatika Sentosa was the largest contributor to the index's fall.
Indonesia's benchmark IHSG ended trading on 12 October 2026 at 5,975.78, losing 157.61 points, or 2.59%, according to CNBC Indonesia. The closing level was its lowest since 10 July 2026.
An early advance gave way to selling pressure. The index reached an intraday high of 6,128.72 before reversing course, touching a low of 5,917.51 as the close approached.
Utilities led the sector declines with a 9.35% drop, followed by energy at 5.80% and basic materials at 3.87%. Healthcare recorded the smallest fall, at 0.49%, while financials lost 1.07% and technology fell 1.88%.
PT Dian Swastatika Sentosa Tbk closed at Rp965 per share and accounted for 15.72 points of the benchmark's decline. PT Barito Renewables Energy Tbk ended at Rp2,390, subtracting 12.04 points. PT Bank Central Asia Tbk finished at Rp5,950 and weighed on the index by 9.11 points, while PT Chandra Asri Pacific Tbk closed at Rp1,505, contributing an 8.63-point drag.
Among stocks providing support, PT Indah Kiat Pulp & Paper Tbk closed at Rp8,675 per share and added 2.02 index points. PT Bank Rakyat Indonesia (Persero) Tbk ended at Rp3,110, contributing 1.47 points.
The benchmark has now fallen in 15 of the past 21 trading sessions, rising in the other six. Its losses stood at 3% over a week, 9.16% over a month and 16.29% over six months. Since the start of the year, it has dropped 31.35%.
