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Indonesia's IHSG closes 0.40% higher as financial stocks advance

The benchmark finished at its session peak after an early sell-off, with financial and consumer non-cyclical stocks supporting the recovery.

By Maya Santos

Electronic stock market board displaying share prices and index movements
Photo: CNBC Indonesia

Indonesian shares reversed earlier losses on 6 November 2026, with the IHSG ending at 5,050.43 after gaining 20.17 points, or 0.40%. The closing level was also the benchmark's highest point of the trading day.

Refinitif figures showed a 2% increase in the financial sector and a 1.1% rise in consumer non-cyclical stocks. Both sectors helped the index move higher.

The recovery followed a weak opening at 4,955.83 and a subsequent fall to 4,925.10. For much of the first session, the benchmark traded within a 4,930–4,960 range. Buying gathered pace around 14:00 Western Indonesian Time, carrying it past 4,960 and 4,980 before it crossed 5,000 in the afternoon.

Trading totalled 411.29 million lots. Turnover amounted to Rp7,765.86 billion, approximately Rp7.77 trillion.

Among the stocks supporting the advance were Bank Rakyat Indonesia (BBRI), Bank Mandiri (BMRI), Bank Central Asia (BBCA), Sinar Mas Multiartha (SMMA) and Astra International (ASII).

Barito Pacific (BRPT), Merdeka Gold Resources (EMAS), Merdeka Copper Gold (MDKA), Chandra Asri Pacific (TPIA) and Bumi Resources Minerals (BRMS) were among those holding back the benchmark's gains.

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