Indonesian stocks climbed 40 points, or 0.7%, to 5,962 on Monday morning, extending gains into a second session on strength in cyclical, infrastructure, basic materials, and energy shares. Market sentiment was supported by reports of resilient investment momentum across strategic sectors in special economic zones. Fiscal stability also underpinned the mood, with a primary balance surplus of IDR 85.1 trillion in the first half of 2026, keeping the budget comfortably within prudent limits.
Gains were capped, however, as U.S. equity futures declined on renewed Middle East tensions, prompting caution ahead of the upcoming earnings season. Investors also remained wary ahead of key data releases later this week from Indonesia’s main trading partner, China, including June trade figures and Q2 GDP.
On the domestic front, governance risks stayed in focus as anti-corruption enforcement efforts intensified. Among early outperformers were Barito Pacific (+4.3%), ESSA Industries (+3.5%), Pertamina Geothermal Energy (+1.5%), and United Tractors (+1.4%).
