Limited Gains for Indonesia Stocks, Rupiah, and Gold

RRI.CO.ID, Jakarta - Indonesia’s stock market ended slightly higher on Friday, 10 July 2026, as investor sentiment remained cautious. The Jakarta Composite Index (JCI) rose 0.2% to close at 5,924.36.

The index fell to 5,887 during the second trading session before recovering in the final minutes. It hovered in negative territory for most of the afternoon but finished in line with most Asian markets, which also closed higher.

Foreign investors recorded net buying of several major stocks, including ADRO, ELSA, BRMS, TINS, and INDF. However, they remained net sellers of BBCA, BBRI, TLKM, DEWA, and TPIA.

The Indonesian rupiah also strengthened slightly, closing at 18,045 per US dollar. The currency traded in a narrow range throughout the day with a mild upward trend.

The US dollar weakened as tensions in the Strait of Hormuz eased. This allowed several Asian currencies, including the Thai baht, Chinese yuan, Indian rupee, and Singapore dollar, to strengthen against the greenback.

Despite Friday’s improvement, the rupiah remained above the 18,000 per US dollar level. Overall, Indonesia’s financial markets remained fragile after facing external negative sentiment over the past week.

Meanwhile, global gold prices edged lower as expectations grew for continued diplomatic negotiations between Iran and the United States. Gold traded around US$4,105 per troy ounce, or approximately Rp2.39 million per gram, as investors waited for stronger economic and geopolitical catalysts.

Writer: Gunawan Benjamin (Economist, Islamic University of North Sumatra)