FX.co ★ Indonesia Stocks Rise for 3rd Session to Start 2026

Indonesian shares experienced a rise of 46 points, or 0.5%, reaching 8,693 during the morning session on Friday, marking the initial trading day of 2026. This increase represents gains for a third consecutive session as a majority of sectors expanded, with notable contributions from industrial services, logistics, and consumer durables. Investor sentiment received a boost following projections of approximately 5% economic growth in 2025 from China, Indonesia's key trading partner, though Chinese President Xi Jinping referred to the year's challenges as particularly formidable. However, the upward momentum was tempered by December's Purchasing Managers' Index (PMI) data indicating a slowdown in Indonesian factory activity, following a nine-month peak in November. Meanwhile, Finance Minister Purbaya highlighted that the IDR 200 trillion liquidity infusion into state banks in September fell short of expectations. Early market leaders included Japfa Comfeed (rising 6.1%), Medco Energy (up 3.0%), XLSmart (increasing 1.6%), and Indah Kiat (advancing 1.5%). In 2025, local equities surged approximately 22%, representing the most substantial annual gain since 2014. This growth was fueled by robust performance in conglomerate stocks, accommodating central bank policies, and strategic government initiatives aimed at mitigating both global and domestic pressures.