Press Release PEFINDO i-Grade Index for The Period of January 1, 2026 - June 30, 2026

The PEFINDO i-Grade Index Constituents Semester 1-2026 Period

After becoming one of the best-performing stock indexes on the Indonesia Stock Exchange (IDX), PEFINDO, together with the IDX, has determined the constituents of the PEFINDO i-Grade Index in the major evaluation for the period of January-June 2026. Based on the results of the analysis using the PEFINDO rating data as well as stock trading data from companies rated by PEFINDO, the following are the companies that are constituents of the PEFINDO i-Grade Index from January-June 2026:

PEFINDO i-Grade Index Records Double-Digit Growth Amid Capital Market Dynamics

Throughout 2025, Indonesia’s equity market experienced notable dynamics shaped by heightened macroeconomic and policy uncertainty, particularly during the first half of the year. Market pressures primarily stemmed from concerns over fiscal sustainability, post-election domestic political developments, as well as rising external risks related to global trade tensions and relatively tight US monetary conditions. Entering the second half of the year, market conditions gradually improved, supported by stronger policy responses from the authorities, stabilization of key macroeconomic variables, and the selective return of foreign capital inflows. Although market volatility remained present, investor sentiment improved, as reflected in higher liquidity and greater stability in index movements. Within this context, the PEFINDO i-Grade Index demonstrated relatively more stable performance compared with other benchmark indices such as the JCI (IHSG), LQ45, SRI-KEHATI, and IDX30, which reflects the resilience of high credit-rated stocks amid market dynamics throughout 2025.

Since its base date (28 December 2012), the PEFINDO i-Grade Index has consistently delivered outperforming performance relative to other benchmark equity indices on the Indonesia Stock Exchange. Its return performance has remained superior to that of the four major reference indices. As of end-December 2025, the PEFINDO i-Grade Index recorded a cumulative return of 127.71%, compared with returns of 100.31% for the JCI (IHSG), 15.17% for LQ45, 17.45% for IDX30, and 65.67% for SRI-KEHATI over the same period.