Indonesia Stocks Hit 24 Record Highs in 2025

JAKARTA, Investortrust.id — Indonesia’s benchmark stock index booked a historic run in 2025 as PT Bursa Efek Indonesia Tbk or IDX records 24 all time highs after regulatory interventions and pro growth policies helped markets recover from heavy global pressure, lifting investor confidence and market capitalization.

Iman Rachman, president director of the IDX, said on Tuesday, Dec 30, 2025 in Jakarta the composite index repeatedly set new records during the year, reflecting broad participation across the capital market ecosystem.

“Every single closing, I counted it myself, this year we recorded 24 all time highs,” Iman said during the year end trading press conference in Jakarta on Tuesday.

He said the achievement was not solely the result of efforts by the exchange, but also involved close coordination with the Financial Services Authority and other self regulatory organizations, as well as support from market stakeholders and the media.

The index faced intense pressure in the first half of 2025 as global volatility and rising geopolitical risks weighed on sentiment, pushing the benchmark down sharply.

Iman said the index fell to its lowest point of 5,996 during the first half, driven largely by external shocks beyond domestic control.

One major trigger was global geopolitical tension after US President Donald Trump announced reciprocal trade tariffs, a move that rattled global markets and directly hit Indonesian equities.

Additional pressure came from rupiah weakness and escalating conflict in the Middle East, which together compounded risk aversion among investors.

To stabilize markets, regulators introduced a series of emergency measures, including allowing share buybacks without shareholder meetings and intensifying coordination with market participants.

Authorities also implemented trading halts, adjusted lower auto rejection thresholds, and introduced a revised ARB scheme during the first half of the year.

These policy adjustments, Iman said, proved effective in restoring confidence and enabling a strong rebound in the second half of 2025.

By year end, the index had returned to an upward trajectory, posting 24 record highs and pushing total market capitalization above Rp 16,000 trillion, equal to $1 trillion.

The highest level on record was reached on Monday, Dec 8, 2025, when the index climbed to 8,711.

Iman added that the recovery was reinforced by global monetary easing, including three US Federal Reserve rate cuts in the second half, alongside domestic pro growth policies.

These included liquidity injections of Rp 200 trillion, equal to $12.9 billion, into state owned banks and additional support for regional development banks announced by Finance Minister Purbaya Yudhi Sadewa.