JAKARTA – The Jakarta Composite Index (IHSG) concluded the first trading session today, Friday (May 8, 2026), with a slight decline, shedding 5.85 points or 0.08% to settle at 7,168.46.
Market sentiment during the morning session was mixed, with declining stocks outnumbering those that gained ground. A total of 245 shares advanced, while 398 shares experienced a drop, and 168 remained unchanged.
While the overall index faced headwinds, a select few sectoral indices managed to defy the downward trend, closing in the green zone. However, the majority followed the IHSG’s lead, with eight other sectoral indices recording losses for the day.
The standout performers among the sectors included the infrastructure sector, which saw a robust increase of 2.15%. The health sector also posted a modest gain of 0.29%, followed closely by the technology sector with a 0.09% rise.
Conversely, sectors that experienced the most significant contractions were led by the raw materials sector, which fell by a substantial 2.90%. The transportation sector was also heavily impacted, declining by 2.85%, while the industry sector saw a decrease of 1.54%.
Trading activity remained robust throughout the first session, with the total volume of shares exchanged on the bourse reaching 23.35 billion. The cumulative transaction value amounted to an impressive Rp 10.79 trillion.
Among the LQ45 index constituents, several companies emerged as top gainers by the close of the first session:
1. PT Mitra Adiperkasa Tbk (MAPI) surged by 7.72%
2. PT Indosat Tbk (ISAT) climbed 4.65%
3. PT Medco Energi Internasional Tbk (MEDC) rose by 3.15%
Conversely, the top losers within the LQ45 index during the same period included:
1. PT Merdeka Battery Materials Tbk (MBMA) fell by 6.87%
2. PT Vale Indonesia Tbk (INCO) dropped 5.56%
3. PT Merdeka Copper Gold Tbk (MDKA) declined by 4.69%
Summary
The Jakarta Composite Index (IHSG) closed the first trading session on Friday, May 8, 2026, with a minor decline of 0.08% to reach 7,168.46. Despite the downward trend, market activity remained high with a total transaction value of Rp 10.79 trillion and 23.35 billion shares exchanged. While the infrastructure, health, and technology sectors recorded gains, these were offset by significant losses in the raw materials, transportation, and industry sectors.
Market breadth remained negative as 398 stocks declined compared to 245 that advanced. Notable movers within the LQ45 index included MAPI, ISAT, and MEDC as top gainers, while MBMA, INCO, and MDKA led the list of top losers. Overall, investors faced a mixed trading environment where eight sectoral indices finished in the red, contributing to the index’s slight dip.