Jakarta, ThedailyID — Indonesia’s Composite Stock Price Index (IHSG) closed slightly higher at 6,180 during Friday’s trading session on May 29. The market recorded modest gains amid mixed investor sentiment across regional markets.
Trading data showed the IHSG strengthened by a thin margin compared with the previous session. Several sectors helped support the index throughout the day despite continued global economic uncertainty.
Banking and consumer-related stocks contributed to the market’s movement during the session. Meanwhile, investors continued monitoring external factors including global interest rate policies and commodity price fluctuations.
Regional Asian markets also showed mixed performances as investors responded cautiously to economic developments from the United States and China.
Market analysts said investors still tend to trade carefully because of concerns surrounding global inflation, geopolitical tensions, and currency volatility.
The rupiah’s movement against the US dollar also remained one of the main factors influencing investor sentiment in the domestic market.
Despite the limited gain, the IHSG managed to end the week in positive territory after several volatile trading sessions earlier this month.
Investors are now waiting for upcoming economic data releases and policy signals from major central banks that could affect market direction in the coming weeks.
