Indonesian stocks briefly near bull market as sentiment steadies

Indonesian stocks experienced a brief rally that pushed the benchmark index to the brink of a bull market, driven by improving investor sentiment. The rally was attributed to an earlier drop in oil prices, which helped stabilize the world's worst-performing stock market this year. Investors rotated into equities as sentiment improved, though the rally was short-lived. The article, published by The Business Times on July 25, 2026, highlights the market's recovery from a difficult period, with oil price declines providing a catalyst for renewed buying interest.