KBRN, Jakarta: The Indonesia Stock Exchange (BEI) saw a wave of strategic profit-taking on Tuesday morning, December 30, 2025, as market participants moved to lock in returns on the final trading day of 2025. 

The Jakarta Composite Index (IHSG) opened in the red, reflecting a cautious transition as investors look past the year-end finish line and begin positioning for a new set of domestic and global economic catalysts in early 2026.

The benchmark index fell by 16.85 points, or 0.20 percent, to the 8,627.40 level during the opening session. This downward trend was mirrored in the blue-chip sector, where the LQ45 index dropped 4.51 points, or 0.53 percent, to 847.52. 

Analysts suggest the pullback is a natural cooling-off period after a resilient year, with the focus now shifting to high-impact data releases scheduled for the first week of January.

"In early 2026, investors will be closely monitoring a number of domestic economic indicators," stated Ratna Lim, Head of Research at Phintraco Sekuritas, as quoted by Antara.

Domestically, there is strong optimism about the manufacturing sector; the S&P Global Manufacturing PMI for December 2025 is projected to rise to 53.6, up from 53.3 in the previous month. 

On the inflation front, December’s figures are expected to show a slight monthly increase of 0.2 percent, potentially bringing the annual inflation rate to a stable 2.5 percent year-on-year, a healthy decrease from the 2.72 percent recorded in November.

Beyond Indonesia's borders, the global sentiment is heavily influenced by the Federal Reserve’s anticipated policy shift. Investors are eagerly awaiting the release of the FOMC Minutes from the December meeting, searching for confirmation that the U.S. central bank is nearing the end of its tightening cycle. 

Cooling inflation data in the United States has fueled widespread speculation that interest rate cuts could begin as early as mid-2026, a scenario that generally bolsters appetite for riskier assets in emerging markets like Indonesia.

The mixed performance in Jakarta follows a similarly varied close on international markets. On Monday, major European indices such as the Euro Stoxx 50 and the CAC 40 saw modest gains, while Wall Street delivered mixed results: the S&P 500 rose slightly, but the Dow Jones Industrial Average and the Nasdaq Composite both ended in negative territory. 

In Asia this morning, the Nikkei and Shanghai indices declined slightly, while the Hang Seng and Straits Times indices posted small gains. 

As the 2025 trading chapter closes, the market's current consolidation appears to be the "calm before the storm" as investors prepare for a 2026 landscape defined by potential monetary easing and sustained industrial growth. ***