ASIATODAY.ID, JAKARTA — Indonesia’s capital market kicked off 2026 with remarkable momentum as the Jakarta Composite Index (JCI) surged to historic levels, breaking the key psychological threshold of 9,000 on an intraday basis during the first trading week of January. The rally coincided with a wave of new bond and sukuk listings on the Indonesia Stock Exchange (IDX).
Between January 5 and 9, 2026, the IDX recorded the listing of three bonds and one sukuk issued by major listed companies, underscoring strong corporate confidence and sustained investor appetite despite ongoing global uncertainties.
On Wednesday, January 7, PT Eagle High Plantations Tbk listed its Sustainable Bond I Phase III 2025, worth IDR 210 billion, alongside the Sustainable Mudharabah Sukuk I Phase II 2025, valued at IDR 290 billion. Both instruments were rated idA- and idA- sy by PEFINDO, with Bank BJB acting as trustee.
On the same day, PT Summarecon Agung Tbk listed its Sustainable Bond V Phase I 2025 with a nominal value of IDR 351.96 billion. The bond received an idA+ rating from PEFINDO, with Bank Rakyat Indonesia (BRI) serving as trustee.
Meanwhile, PT Energi Mega Persada Tbk also entered the bond market by listing its Sustainable Bond I Phase I 2025, amounting to IDR 500 billion, likewise rated idA+ by PEFINDO, with BRI appointed as trustee.
Bond and Sukuk Issuance Tops IDR 216 Trillion
With these new listings, total bond and sukuk issuance recorded on the IDX in 2026 has reached four series from three issuers, valued at IDR 216.97 trillion.
As of early January, the IDX hosts 662 outstanding bond and sukuk series, with a combined value of IDR 539.79 trillion and USD 134.01 million, issued by 136 entities.
In addition, the exchange lists 190 series of Indonesian government bonds, with a total nominal value of IDR 6,484.29 trillion and USD 352.10 million, while asset-backed securities (EBA) stand at six issues worth IDR 3.99 trillion.
Trading Activity Surges as JCI Sets New Records
Equity trading activity reflected the early-year optimism. During the week, average daily trading volume surged 48.08% to 61.78 billion shares, while average daily trading value jumped 44.68% to IDR 31.45 trillion. Average daily transaction frequency also climbed 42.74% to 3.98 million trades.
The JCI closed the week up 2.16% at 8,936.754, rising from 8,748.132 the previous week. On January 7, the index posted an all-time closing high of 8,944.813, before crossing the 9,000 mark intraday on January 8, peaking at 9,002.92.
Market capitalization on the IDX increased 1.79% to IDR 16,301 trillion, while foreign investors recorded a net buy of IDR 2.56 trillion during the week, bringing total net foreign inflows in 2026 to IDR 3.1 trillion.
The strong start to the year highlights renewed confidence in Indonesia’s capital market, supported by rising liquidity, sustained foreign investor participation, and robust corporate fundraising through bonds and Islamic finance instruments. (AT Network)
Follow Us at Google News and WA Channel