The Indonesia Stock Exchange Composite Index (IHSG) is a stock market index that tracks the performance of all stocks listed on the Indonesia Stock Exchange (IDX). It serves as a benchmark for the Indonesian equity market.
Description: The Indonesia Stock Exchange Composite Index, commonly known as IHSG (Indeks Harga Saham Gabungan), is the main stock market index of the Indonesia Stock Exchange (IDX). It was first introduced in 1982 with a base value of 100. The index includes all common stocks listed on the IDX, making it a broad market indicator. The IHSG is market-capitalization weighted, meaning larger companies have a greater impact on the index's movement. It is widely used by investors and fund managers as a benchmark for the performance of the Indonesian equity market. The index reflects the overall health of the Indonesian economy and is influenced by domestic factors such as economic growth, political stability, and corporate earnings, as well as global market trends. The IDX is headquartered in Jakarta, Indonesia.
