IHSG closes down 4.2% at 5,594.77 at week’s end

IHSG on the Indonesia Stock Exchange closed down 245.01 points, or 4.20 percent, at 5,594.77 on Friday, while the LQ45 index fell 23.17 points to 557.75. All 11 stock sectors weakened. Phintraco Sekuritas said selling pressure was triggered by unclear government policy and market rumors that investors viewed negatively. Market participants also watched the revision of the P2SK Law, which raised concerns about the independence of financial institutions. On the fiscal side, the Ministry of Finance reported that the APBN deficit through May 2026 reached Rp180.4 trillion, equal to 0.7 percent of GDP. At the same time, the rupiah closed at Rp18.049 per U.S. dollar, fueling speculation that Bank Indonesia could hold an off-schedule meeting on 17-18 June 2026.