January 14, 2026 | 12:39 pm
TEMPO.CO, Jakarta - Indonesia’s Composite Stock Price Index (IHSG) opened higher on Wednesday, January 14, 2026, gaining 58.75 points, or 0.66 percent, to 9,007.04.
The benchmark index is expected to continue strengthening as investors monitor signals from the United States Federal Reserve on the future direction of interest rates.
The LQ45 Index, which tracks 45 of Indonesia’s most liquid and large-cap stocks, also rose by 3.66 points, or 0.42 percent, to 882.53.
“Based on technical analysis, IHSG still has room to strengthen, with support and resistance levels in the range of 8,760 to 9,000,” said Maximilianus Nico Demus, Associate Director of Research and Investment at Pilarmas Investindo Sekuritas, in a market note released in Jakarta on Wednesday.
From overseas, US inflation data provided a supportive backdrop. The US Consumer Price Index (CPI) rose 0.3 percent month-on-month and 2.7 percent year-on-year, while core inflation remained stable at 2.6 percent year-on-year.
According to Nico, the relatively stable inflation figures are likely to influence the Federal Reserve’s policy meeting scheduled for January 29, 2026, where the central bank is widely expected to keep its benchmark interest rate unchanged.
He also noted recent political developments in the United States, where Federal Reserve Chair Jerome Powell publicly pushed back against criticism from President Donald Trump.
Powell emphasized the central bank’s independence, stating that interest rate decisions should be based on economic conditions rather than political pressure or intimidation.
The Fed’s stance has drawn support from several central banks around the world.
On the domestic front, Indonesia’s government is seeking to strengthen the country’s digital economy by developing a semiconductor ecosystem through international cooperation.
One key initiative includes collaboration with the United Kingdom, supported by initial funding of US$125 million, including partnerships with chip designer ARM.
Nico highlighted the strategic importance of the move, noting that semiconductors underpin a wide range of critical industries, including electronics, automotive manufacturing, the Internet of Things (IoT), and data centers.
Read: Indonesia Sees E-Sports as New Driver of Village Economy
Click here to get the latest news updates from Tempo on Google News
HSBC's 2026 Outlook: Indonesia's Stock Market Strengthens as Rupiah Weakens
1 hari lalu
HSBC Global Research predicts the Indonesia Composite Index (IHSG) could reach 9,700 this year.
IHSG Needs Solid Economic Fundamentals to Break 10,000
2 hari lalu
OJK highlights the factors affecting the movement of IHSG and expresses optimism about reaching the 10,000 level.
Indonesia Sees Rp1.44 Trillion Foreign Capital Inflows in Early January
3 hari lalu
Bank Indonesia reports Rp1.44 trillion in foreign capital inflows into domestic markets during January 5-8, 2026.
IHSG Gains 2.16% This Week After Record-High at 9,000
4 hari lalu
IHSG briefly reached the psychological level of 9,000 intraday on Thursday, January 8, 2026.
CSIS Warns of Bubble Risk as IHSG Approaches 10,000
5 hari lalu
A CSIS senior researcher argued the IHSG rally resembles a bubble rather than a reflection of national economic strength.
IHSG Edges Up 11.19 Points to Close at 8,944.80
6 hari lalu
The IHSG ended higher at 8,944.80 on Jan 7, 2026, driven by expectations of a U.S. Fed rate cut.
Indonesia's IHSG Closes at All-Time High as Precious Metal Prices Strengthen
7 hari lalu
The IHSG rose 74.41 points, or 0.84 percent, to close at 8,933.61 points.
IHSG Hits Record High Amid Stable Domestic Economic Data
8 hari lalu
IHSG climbed by 111.06 points, or 1.27 percent, to finish at 8,859.19.
Indonesia's Stock Market Opens Higher Amid U.S.-Venezuela Tensions
9 hari lalu
Indonesia's Composite Stock Price Index (IHSG) rose 30.60 points, or 0.35 percent, to 8,778.73 amid U.S. military action in Venezuela.
IDX Trading Schedule for Christmas and New Year Holidays
20 hari lalu
The stock trading will be closed on December 25, 26, and 31, 2025, as well as January 1, 2026.
:strip_icc():format(jpeg)/kly-media-production/medias/4548967/original/094336900_1692782124-tanaphong-toochinda-FEhFnQdLYyM-unsplash.jpg)
:strip_icc():format(jpeg)/kly-media-production/medias/5327418/original/014991800_1756180726-alexandr-podvalny-TciuHvwoK0k-unsplash.jpg)