IHSG falls 0.08% to 6,296 as markets await Prabowo speech

IHSG opened slightly lower, down 5.18 points or 0.08 percent to 6,296.59 in Friday morning trading, while the LQ45 index fell 0.54 points to 626.62. Market movement was seen as largely sideways, with Phintraco Sekuritas expecting IHSG to trade in the 6,230-6,370 range. Market participants are staying on the sidelines as they watch President Prabowo Subianto's state address at the MPR RI Annual Session and the Joint Session of DPR-DPD RI 2026, including the government's introduction of the RUU APBN 2027 and its financial note. Investors are focused on economic growth targets, the budget deficit, rupiah exchange-rate assumptions, financing strategy, and programs seen as able to support consumption and investment. External sentiment also came from moderate U.S. inflation, which lowered expectations of Fed rate increases.