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Indonesia stocks reverse losses as IHSG gains 0.31 per cent

The benchmark recovered after touching the 5,170 range before midday, with trading worth Rp14.48 trillion.

By Maya Santos

Stock market figures and a price chart on a trading screen
Photo: CNBC Indonesia

An afternoon recovery lifted Indonesia’s IHSG to a closing level of 5,282.31 on 28 October 2026. The benchmark added 16.18 points, equivalent to 0.31 per cent, after spending the first trading session under pressure.

Trading began at 5,249.07, below the previous close, before fluctuations took the index to its intraday low around the 5,170 range shortly before midday. With selling easing during the second session, the benchmark climbed past the previous closing level and extended its advance towards the end of trading. Transactions amounted to Rp14.48 trillion, while volume reached 302.18 million lots.

Among the shares supporting the rise were PT Bank Central Asia Tbk (BBCA) and PT Astra International Tbk (ASII), according to Refinitiv data. Other contributors included PT Amman Mineral Internasional Tbk (AMMN), PT Merdeka Copper Gold Tbk (MDKA) and PT Bank Rakyat Indonesia (Persero) Tbk (BBRI).

CNBC Indonesia reported that shares holding back the index included PT Telkom Indonesia (Persero) Tbk (TLKM), PT Barito Pacific Tbk (BRPT) and PT Barito Renewables Energy Tbk (BREN). PT Dian Swastatika Sentosa Tbk (DSSA) and PT Mora Telematika Indonesia Tbk (MORA) also weighed on the benchmark.

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