IDX Composite closes 2.66% higher at 5,250.90
Published on 11/12/2026 at 13:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSJakarta stocks rebound strongly
- The IDX Composite closed at 5,250.90 on Thursday, November 12, 2026, up 2.66% from the previous session.
- All 11 IDX-IC sectors advanced, led by industrials, transportation and energy stocks.
- Investors responded to MSCI review results and reports of Vice President Gibran Rakabuming Raka's resignation.
The IDX Composite ended Thursday, November 12, 2026, at 5,250.90, gaining 135.86 points or 2.66% from the previous session's close of 5,115.04. The closing level and percentage move were reported by IDNFinancials for Thursday's Jakarta session.
Broad-based gains across sectors
The advance was broad. According to Databoks, all 11 IDX-IC sector indices finished higher. Industrials led with a 4.53% gain, followed by transportation at 3.12% and energy at 2.86%. Healthcare and technology recorded the smallest increases, at 0.06% and 0.18%, respectively.
Large-cap banks provided important support. IDNFinancials said Bank Rakyat Indonesia rose 5.94% and contributed 28.42 points to the index. Bank Central Asia gained 2.82%, while Bank Mandiri also added to the benchmark's advance. Market-wide trading value was about IDR 12 trillion, with 41.3 billion shares changing hands and roughly 1.5 million transactions.
MSCI decision reduces immediate fears
Sentiment was shaped by the November MSCI review and domestic political news. Databoks reported that MSCI removed Barito Pacific from its Global Standard Indexes and moved Bumi Resources Minerals from the Global Standard Indexes to the Global Small Cap Indexes. Seven other Indonesian stocks were removed from the Small Cap index. The changes are scheduled to take effect after the November 30 market close.
IDNFinancials reported that Phintraco Sekuritas viewed the market's response to Vice President Gibran Rakabuming Raka's resignation as positive because it eased concerns about domestic political tensions. The same analysis noted that the rupiah weakened, meaning the rally took place despite currency pressure. These factors describe the session's reported market backdrop rather than establishing a single cause for the index move.
Technical levels for the next session
Phintraco analysts told IDNFinancials that holding above 5,200 could leave the index testing resistance between 5,280 and 5,320 in Friday trading. That is an analyst scenario, not a confirmed forecast or investment recommendation. The strong close followed Wednesday's 0.21% decline to 5,115.04, when investors had been cautious ahead of the MSCI announcement.
Further coverage of the IDX Composite is available in the dedicated market topic.
