Index Strengthens While IPO Momentum Wanes on the Indonesia Stock Exchange

New stocks that started trading on the Indonesia Stock Exchange (BEI) in July 2026 began to lose their upward momentum.

Despite the Composite Stock Price Index (IHSG), the exchange's main index, gaining 1.10 percent to rise to the 6,108.21 level during trading on Thursday, July 16, 2026, shares of some companies that came in…