empty
 
 

15.07.202603:23:46UTC+00Indonesia Stocks Trade Modestly Higher

Indonesia’s IDX Composite rose 25 points, or 0.4%, to 6,064 on Wednesday morning, rebounding from a lackluster previous session. The advance was supported by a modest uptick in U.S. stock futures, after cooler-than-expected inflation data sharply reduced the odds of a July interest rate hike.

Domestically, sentiment improved following the government’s plan to relax nickel production quotas, a move expected to attract additional foreign capital into downstream-focused mining companies. PT Freeport Indonesia also projected a USD 2.6 billion contribution to state revenues in 2026 through taxes, royalties, and dividends.

Upside momentum, however, was capped by weak economic data from China, where Q2 GDP growth slowed to its lowest pace in three and a half years, highlighting an uneven recovery in Indonesia’s largest trading partner. Investors also remained cautious amid heightened geopolitical risks after fresh U.S. strikes on Tehran and Washington’s reimposition of a naval blockade near the Strait of Hormuz.

Notable gainers included Aneka Tambang, up 3.8%, Darma Henwa, up 2.2%, and Bank Mandiri, which added 1.2%.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $4000 more!
    In July we raffle $4000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback