Indonesia stocks rise 2.78% in week to Aug 7 on growth, reserves
Indonesia’s benchmark Jakarta Composite Index rose 2.78% in the week to Aug 7, closing at 6,409.654 on Friday, up from 6,236.126 the prior week.
Source: The Jakarta Globe · August 9, 2026 at 4:15 PM · AI-assisted report
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JAKARTA, 10 AUGUST 2026 —
Indonesia’s benchmark Jakarta Composite Index rose 2.78% in the week to Aug 7, closing at 6,409.654 on Friday, up from 6,236.126 the prior week.
Total market capitalisation climbed 2.64% to Rp 11,212 trillion ($629.85 billion) from Rp 10,923 trillion, according to Indonesia Stock Exchange data.
Average daily trading frequency increased 27.62% to 2.32 million transactions, while average daily turnover fell 0.38% to Rp 15.38 trillion.
Foreign investors purchased a net Rp 1.24 trillion on Aug 7, but remained net sellers for the year with cumulative outflows of Rp 71.29 trillion.
Solid second-quarter growth supported the advance, Pilarmas Investindo Sekuritas said. The economy expanded 5.29% year-on-year in Q2, faster than the prior year, driven by household consumption and investment.
Bank Indonesia’s foreign-exchange reserves stood at $145.3 billion at end-July, unchanged from June. The reserves cover 5.5 months of imports, above the international three-month benchmark.
Global risks weighed on sentiment. Oil prices rose after reports of restrictions on shipping in the Strait of Hormuz heightened inflation concerns.
Investors also awaited two domestic catalysts: a new Bank Indonesia governor and signals from the US Federal Reserve, which Pilarmas said could raise interest rates in September if inflation pressures persist.
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