Indonesia Shares Drop Ahead of Upcoming Q3 GDP Data

2025-11-04 08:42 By Farida Husna 1 min. read

Indonesian stocks fell 22 points, or 0.3%, to 8,253 on Tuesday afternoon, erasing earlier gains as sentiment soured.

The downturn followed pressure on global equities after President Trump announced a ban on Nvidia’s top-tier AI chip exports to China, although limited access for Beijing would still be permitted.

Caution also grew ahead of domestic Q3 GDP data due Wednesday, amid concerns that pro-growth initiatives under President Prabowo Subianto could push imports higher.

Geopolitical tensions and uncertainty over economic recovery in top trading partner China also weighed on sentiment.

In recent data, Indonesia's annual inflation rose to a 1-1/2 year high of 2.86% in October from 2.65% in September, but still within Bank Indonesia’s 1.5–3.5% target range.

Losses were led by non-energy minerals, consumer durables, and financials, with notable decliners including Tower Bersama Infrastructure (-4.9%), Archi Indonesia (-3.7%), Jhonlin Agro Raya (-3.2%), and Pertamina Geothermal (-2.7%).



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