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Indonesia's IDX Composite rises 0.60% to three-month high

The Jakarta market advanced Friday, led by infrastructure, financials and agriculture stocks, while oil prices slipped and gold futures gained. The IDX Composite closed at its highest level since May.

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Priya Anand · Equities & Earnings Desk · 22 Aug 2026 · 03:07 · 1 min read
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Indonesia's IDX Composite rises 0.60% to three-month high

Indonesia's benchmark stock index closed higher on Friday, extending gains to a three-month peak as gains in infrastructure, financials and agriculture shares offset losses in tourism and metals.

The IDX Composite Index advanced 0.60% to finish at its highest level since May, according to exchange data. Advancing issues outnumbered decliners 329 to 317, with 186 stocks unchanged.

Among the top gainers, food manufacturer Cipta Selera Murni surged 33.87% to 166.00, while coal miner Berkah Prima Perkasa added 17.92% to 2,830.00. Energy firm Oxala Energy International rose 19.61% to 183.00.

The sharpest declines were in tourism operator Sona Topas Tourism Industry, which fell 9.68% to 2,240.00, steelmaker Saranacentral Bajatama, down 9.52% to 266.00, and shipping company Habco Trans Maritima, which dropped 8.46% to 595.00.

Crude oil futures for October delivery slipped 0.78% to $86.15 per barrel, while Brent crude for October delivery fell 0.58% to $93.24. December gold futures rose 1.43% to $4,636.56 per troy ounce.

The Indonesian rupiah strengthened 0.32% against the U.S. dollar to 17,673.80, while the Australian dollar rose 0.39% to 12,664.27. The U.S. Dollar Index futures were down 0.18% at 98.64.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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