30 January 2026
The Jakarta Composite Index (IHSG) closed down 1.06% at 8,232.2, forming a strong hammer candle, despite a trading halt during the first session. Several big-cap stocks, including conglomerates and banks, rebounded strongly following regulatory measures to address market concerns after MSCI announced no Indonesian inclusions for the January 2026 rebalancing due to ongoing issues over the definition of real free float (with KSEI-classified corporate holdings deemed non-free float).
