Stock Markets February 23, 2026

Jakarta Shares Finish Higher; IDX Composite Climbs 1.19% as Financials, Infrastructure and Agriculture Lead

Broad-based gains lift Indonesia benchmark amid mixed commodity and currency moves

By Caleb Monroe INDS
Jakarta Shares Finish Higher; IDX Composite Climbs 1.19% as Financials, Infrastructure and Agriculture Lead
INDS

Indonesia's benchmark IDX Composite closed up 1.19% on Monday, supported by advances in the Financials, Infrastructure and Agriculture sectors. Market breadth favored gainers, while selected small- and mid-cap names recorded large percentage moves. Commodities and currency pairs moved unevenly, with crude and Brent oil lower and gold futures higher.

Key Points

  • IDX Composite closed up 1.19% at the Jakarta close, led by Financials, Infrastructure and Agriculture.
  • Market breadth favored advancing issues with 450 gainers versus 254 decliners and 152 unchanged.
  • Notable single-stock moves included DIVA, YELO and MEGA on the upside and INDS, HILL and SOTS on the downside, affecting small- and mid-cap performance.

Jakarta - Indonesia's stock market ended Monday's session with a clear uptick as the IDX Composite rose 1.19% at the close, driven by sector-level gains in Financials, Infrastructure and Agriculture.

Market breadth skewed positive, with 450 stocks finishing higher compared with 254 decliners and 152 issues unchanged on the Jakarta Stock Exchange. Several individual names posted sizable intraday moves, lifting the index and drawing attention to volatility among smaller-cap shares.

Top gainers included Nusantara Voucher Distribution Tbk PT (JK:DIVA), which surged 34.72% - a rise of 50.00 points - to end the day at 194.00. Yelooo Integra Datanet Tbk PT (JK:YELO) advanced 30.00%, or 30.00 points, to 130.00. Bank Mega Tbk (JK:MEGA) also contributed to the upside, closing up 24.77% or 820.00 points at 4,130.00.

Notable declines were concentrated among other smaller-cap names. Indospring Tbk (JK:INDS) slid 14.75% or 360.00 points to finish at 2,080.00. PT Hillcon Tbk (JK:HILL) dropped 13.79% - a fall of 8.00 points - to 50.00, marking a move to an all-time low. Satria Mega Kencana Tbk PT (JK:SOTS) fell 11.11% or 240.00 points to close at 1,920.00.

The session also showed cross-market moves in commodities and foreign exchange. Crude oil for April delivery declined 1.19%, or $0.79, to $65.69 a barrel. Brent oil for May delivery fell 1.08% or $0.77 to $70.53 a barrel. In contrast, the April Gold Futures contract rose 1.27% or $64.36 to trade at $5,145.26 a troy ounce.

On currency markets, the USD/IDR pair was down 0.32% at 16,783.30, while AUD/IDR moved lower by 0.45% to 11,888.16. The US Dollar Index Futures declined 0.30% to 97.43.


These price moves underscore a session in which sector leadership and large percentage swings among select stocks drove the headline gain for the IDX Composite. The data above captures closing prices, percentage changes and point moves reported at the end of trading.

Risks

  • Heightened single-stock volatility - several smaller-cap names recorded large percentage gains or losses, increasing idiosyncratic risk for portfolios with concentrated positions.
  • Downside pressure in oil markets - both crude and Brent futures fell, which may influence energy-related sectors and companies tied to oil prices.
  • Currency and FX movements - shifts in USD/IDR and AUD/IDR, along with a weaker US Dollar Index Futures reading, introduce exchange-rate risk for exporters and import-dependent firms.

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