Indonesia’s IHSG rises 1.05% as energy and materials stocks advance
Trading value reached Rp1.09 trillion as investors also assessed changes to MSCI indices and Indonesia’s shareholding concentration list.
Indonesia’s benchmark IHSG extended its early gains on 12 November 2026, reaching 5,168.79, an increase of 53.75 points or 1.05%. Energy and basic materials shares helped lift the index, according to Refinitiv data cited by CNBC Indonesia.
The index started trading at 5,119.53, up 0.09% from the previous close, and reached a session high of 5,170.62. Trading volume stood at 74.61 million lots, with turnover of Rp1.09 trillion. At 09:07 Western Indonesia Time, volume had been 25.78 million lots and turnover Rp791.59 billion.
Energy shares gained 1.9%, while basic materials rose 1.6%. Stocks supporting the benchmark included Amman Mineral Internasional, Bumi Resources, Bumi Resources Minerals, VKTR Teknologi Mobilitas and Bank Negara Indonesia. Among those weighing on it were Indofood Sukses Makmur, Merdeka Gold Resources, Pertamina Geothermal Energy, Jasa Marga and Mitra Adiperkasa.
MSCI’s November review removed Barito Pacific and Bumi Resources Minerals from its Global Standard index. Bumi Resources Minerals moved into Small Cap, while seven stocks were removed from that category: AVIA, CTRA, MTEL, EMTK, JSMR, RAJA and WIFI.
Separately, the Indonesia Stock Exchange announced a list of 383 stocks classified as having high shareholding concentration, including 300 marked as new members. Adjustments to the constituents used to calculate the IHSG took effect on 12 November.
