IDX Closes Strong: JCI Reaches 7,867, Market Cap Hits $900 Billion

JAKARTA – The Indonesia Stock Exchange (IDX) reported a varied performance in stock trading throughout the past week, from September 1-4, 2025. During this period, the Jakarta Composite Index (IHSG) closed at 7,867, with the overall market capitalization reaching a substantial Rp14,211 trillion.

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In a statement released on Thursday, September 4, 2025, the IDX highlighted a positive movement for the benchmark index. The IHSG experienced a notable increase of 0.47 percent over the week, rising to close at 7,867.348, up from 7,830.493 recorded in the previous week. This upward trend was mirrored in the IDX’s market capitalization, which also saw a 0.20 percent increase this week, reaching Rp14,211 trillion compared to Rp14,182 trillion previously.

However, not all indicators showed growth. The average daily transaction frequency experienced a dip of 9.88 percent, settling at 2.08 million transactions from 2.31 million the week before. Similarly, the average daily transaction volume saw a decline of 21.09 percent, dropping to 37.24 billion shares from 47.19 billion shares in the preceding week. The IDX further noted that the average daily transaction value also decreased significantly by 28.43 percent, from Rp25.22 trillion to Rp18.05 trillion.

Analyzing investor behavior, the IDX observed that foreign investors executed a net sell of Rp305.18 billion on September 4 alone. Cumulatively, for the year 2025 to date, foreign investors have recorded a substantial net sell totaling Rp55.13 trillion.

Despite the mixed trading performance, the IDX underscored a significant surge in the number of Indonesian capital market investors. As of the end of August 2025, the total number of investors surpassed an impressive 18 million Single Investor Identification (SID) holders, demonstrating continued robust growth in market participation.

In line with its mandate, the IDX hosted several key events during the past week. On Monday, September 1, 2025, the IDX, in collaboration with the Financial Services Authority (OJK) and the Coordinating Ministry for Economic Affairs, organized a press conference titled “Indonesian Capital Market Stability” at the IDX Main Hall. During this event, Coordinating Minister for Economic Affairs, Airlangga Hartarto, confidently affirmed the enduring strength and solidity of Indonesia’s economic fundamentals.

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Minister Hartarto further emphasized the strategic role of the Indonesian capital market as a crucial source for development financing and a vital platform for public investment. He reiterated the government’s unwavering commitment, alongside capital market authorities, to preserving market stability. This commitment aims to ensure the market continues its significant contribution to inclusive and sustainable national economic growth.

Building on these initiatives, Wednesday, September 3, 2025, marked another pivotal moment as IDX President Director, Iman Rachman, held a meeting with the General Chairman of PBNU, KH Yahya Cholil Staquf (Gus Yahya). This encounter was hailed as a strategic opportunity to further the development of Indonesia’s burgeoning Sharia capital market.

The establishment of close synergy, particularly amid domestic demonstrations from late August to early September 2025, is deemed essential for fostering a conducive economic environment. The unified support from the government and prominent community organizations like PBNU for the capital market is anticipated to significantly broaden financial inclusion, accelerate the growth of the Sharia capital market, and reinforce the market’s indispensable role in driving national economic development.

Summary

The Jakarta Composite Index (IHSG) closed at 7,867.348, increasing by 0.47%, and market capitalization reached Rp14,211 trillion during September 1-4, 2025. However, average daily transaction frequency, volume, and value all declined, while foreign investors recorded a significant net sell. Despite this, the total number of Indonesian capital market investors surpassed 18 million Single Investor Identification (SID) holders by August 2025.

The IDX, along with the OJK and Coordinating Ministry for Economic Affairs, affirmed the stability of Indonesia’s economic fundamentals and the capital market’s strategic role in development financing. Coordinating Minister Airlangga Hartarto reiterated the government’s commitment to market stability for inclusive economic growth. Furthermore, the IDX President Director met with PBNU’s General Chairman to advance the Sharia capital market, aiming to broaden financial inclusion and national economic development.

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