RRI.CO.ID, Jakarta - Indonesia’s stock market opened lower today, 26 May 2026, but later rebounded to positive territory. The main stock index, IDX Composite (IHSG), fell to around 6,201 before recovering.
Most Asian stock markets also traded lower in the morning session. Investors are closely monitoring the progress of peace talks between Iran and the United States.
At the same time, the Indonesian Rupiah continued to weaken against the US Dollar. The currency moved to around Rp17,730 per US Dollar during trading.
The weaker Rupiah is not only due to global market pressure. Investors are also becoming more concerned about Indonesia’s domestic economic conditions.
Another concern arose after several Indonesian companies were removed from the FTSE Russell index list. This news added pressure on both the stock market and the Rupiah.
Investors are now closely watching Indonesia’s bond market. Selling pressure in bonds could increase risks for the country’s balance of payments and put more pressure on the Rupiah.
Because of this situation, Bank Indonesia may maintain a hawkish policy stance. This means the central bank could raise interest rates to support the Rupiah and mitigate market risks.
Meanwhile, global gold prices held steady near US$4,538 per troy ounce. In Indonesia, gold prices stayed around Rp2.6 million per gram.
Writer: Gunawan Benjamin (Economist, Islamic University of North Sumatra)
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