ICBP and BBRI Stocks Push Bisnis-27 Index to a Higher Close

Flooring Guide by Cinvex – , JAKARTA — The Bisnis-27 Index concluded Monday’s early-week trading session on May 25, 2026, firmly in the green zone. This positive momentum was largely spurred by emerging peace signals from the Strait of Hormuz. Notably, shares of PT Indofood CBP Sukses Makmur Tbk. (ICBP), PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI), and PT Astra International Tbk. (ASII) were instrumental in propelling the index’s upward trajectory.

Advertisements

According to data from IDX Mobile, the Bisnis-27 Index, a collaborative effort with the daily Bisnis Indonesia, posted a robust gain of 6.40 points, or 1.46%, to close at 444.83. Throughout the trading day, the index demonstrated volatility, fluctuating between an intraday low of 437.06 and reaching a high of 449.22.

In terms of market liquidity, the total transaction value for stocks comprising the Bisnis-27 Index reached an impressive IDR 8.02 trillion. This substantial figure was underpinned by a trading volume of approximately 7.63 billion shares, with a total transaction frequency recorded at 481.6 thousand times, indicating active investor participation.

A closer look at the index’s constituents revealed a mixed but predominantly positive performance. A total of 14 constituent stocks advanced, while 12 ended the day in negative territory. The remaining single constituent stock exhibited relative stagnation, holding its ground amidst the market’s movements.

The primary drivers behind the index’s rise included significant gains from several key players. PT Indofood CBP Sukses Makmur Tbk. (ICBP) saw its shares climb 4.03% to IDR 7,100, while PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI) recorded a 3.93% increase, closing at IDR 3,170. Further contributing to the rally was PT Astra International Tbk. (ASII), which strengthened by 3.70% to IDR 5,600.

Following closely, PT Bank Central Asia Tbk. (BBCA) posted a gain of 3.39% to reach IDR 6,100, and PT Perusahaan Gas Negara (Persero) Tbk. (PGAS) rose 3.02% to IDR 1,875. These leading stocks collectively played a crucial role in enhancing overall investor confidence and the index’s performance.

Advertisements

Conversely, several constituent stocks experienced declines, exerting downward pressure on the index. PT Sumber Alfaria Trijaya Tbk. (AMRT) saw a notable drop of 9.12% to IDR 1,295, followed by PT Bumi Resources Tbk. (BUMI), which fell 7.57% to IDR 171. PT Darma Henwa Tbk. (DEWA) also weakened significantly, declining 7.41% to IDR 350.

Further contributing to the downside, PT Triputra Agro Persada Tbk. (TAPG) decreased by 5.86% to IDR 1,525, and PT Medco Energi Internasional Tbk. (MEDC) saw its shares weaken by 5.22% to IDR 1,270. These weaker performances somewhat tempered the broader market’s gains.

The research team at Phintraco Sekuritas attributed the positive market sentiment to indications of progress in peace efforts aimed at resolving the Middle East conflict. This development led to a correction in oil prices, following reports of ongoing negotiations between the US and Iran potentially ending the war, which in turn alleviated concerns regarding US inflation.

On May 23, President Trump had stated that an agreement was being drafted to reopen the Strait of Hormuz. However, Iranian news agencies promptly denied this claim, with Iranian state media reporting that dozens of vessels had already transited the strategic waterway under Iranian supervision. The ongoing developments surrounding a potential US-Iran agreement and its implications for global oil prices are expected to continue shaping global market dynamics.

Domestically, market participants are keenly awaiting the MSCI rebalancing slated for the end of this month, which occurs amidst a truncated trading week. Furthermore, investors are anticipated to maintain a cautious stance due to the prevailing uncertainty surrounding the implementation of various new government policies, adding a layer of prudence to investment decisions.

Disclaimer: This report is not intended as an invitation to buy or sell stocks. Investment decisions are solely at the discretion of the readers. Bisnis.com is not responsible for any losses or gains arising from readers’ investment decisions.

Summary

The Bisnis-27 Index concluded trading on May 25, 2026, with a robust gain of 1.46%, closing at 444.83. This upward movement was primarily driven by positive market sentiment regarding potential peace developments in the Strait of Hormuz, which helped alleviate global inflation concerns. Key performers including ICBP, BBRI, and ASII significantly boosted the index, resulting in a total transaction value of IDR 8.02 trillion.

While the overall index performance was positive, the market remained mixed with 14 stocks advancing and 12 declining. Looking ahead, investors are closely monitoring the upcoming MSCI rebalancing and remaining cautious due to uncertainties surrounding new government policy implementations. These factors are expected to continue influencing market dynamics in the short term.

Advertisements