Indonesia Stock Index (IHSG) Rises on Regional Rally, Nears Resistance

IHSG Indonesia stock market regional rally foreign investors technical resistance

Indonesia’s main stock index, the IHSG, showed renewed strength at the end of July 2026. On July 31 the index opened up 33 points (0.54%) to 6,219, driven by a broader Asian market rally and a firm US Federal Reserve policy stance that kept the benchmark rate at 3.5‑3.75% for the fifth straight meeting. Technical analysis highlighted support around 6,050‑6,130 and a resistance band of 6,200‑6,300.

The market continued its advance on July 30, closing 1.56% higher at 6,186.36 after six consecutive days of decline. Foreign investors posted a net buy of roughly Rp262.8 billion, while ten stocks, including PT Chandra Asri and PT Merdeka Gold, recorded net foreign sells. Sector breadth was broad, with the IDXNCYC and IDXPROPERT indexes leading gains. Earlier, on July 29, the IHSG fell 0.6% to 6,093 amid sell‑offs across most sectors, though the property sector led the declines.

Overall, the index’s movement reflects a mix of domestic technical factors, regional equity trends, and global cues such as US monetary policy and a 1.43% drop in Brent crude to about $89 per barrel.

Entities

Alamtri Resources Indonesia (ADRO) · Bank Central Asia (BBCA) · Bank Mandiri · Banking sector · Brent crude · Federal Reserve · Foreign investors · IHSG · IHSG (Indonesia Composite Index) · IHSG (Jakarta Composite Index) · Indonesia Stock Exchange (BEI) · Indonesia Stock Exchange (IDX)

Claims

What the coverage asserts, and how many sources carry each claim.

[DISPUTED] IHSG fell 0.89% to 6,130.59 on June 28, 2026.
[DISPUTED] IHSG closed down 0.89% (55.19 points) at 6,130.58 on July 28, 2026. www.viva.co.id
[○ 1 SOURCE] The largest foreign sell‑off stocks were Bank Mandiri (Rp150.19 bn), Bank Rakyat Indonesia (Rp135.63 bn), PT Chandra Asri Pacific (Rp50.91 bn) and PT Aneka Tambang (Rp48.42 bn).
[○ 1 SOURCE] Foreign investors net sold approximately Rp1.07 trillion of Indonesian stocks on June 28, 2026.
[○ 1 SOURCE] IHSG opened up 10 points (0.17%) at 6,141 on July 29, 2026. www.viva.co.id
[○ 1 SOURCE] IHSG rose 8.58% in July 2026, completing a 14‑day rally.
[○ 1 SOURCE] Bank Mandiri paid a dividend of Rp44.47 trillion (payout ratio 79%) for 2025 earnings.
[○ 1 SOURCE] Telkom Indonesia paid a dividend of Rp21.99 trillion (payout ratio 123.5%) for 2025 earnings.
[○ 1 SOURCE] Foreign investors net bought approximately Rp9 trillion on 29 July 2026.
[● 2 SOURCES] The property sector fell about 2.6% on 29 July 2026. www.viva.co.id · katadata.co.id
[○ 1 SOURCE] MNC Sekuritas forecasts IHSG may correct further to a support range of 5.97–6.03 and resistance of 6.26–6.38. katadata.co.id
[● 2 SOURCES] IHSG has fallen for six consecutive trading sessions, losing more than 240 points (about 4%).