Indonesian Shares Extend Losing Streak

2026-09-15 02:52 By Farida Husna 1 min. read

Indonesian equities fell 35 points or 0.5% to 6,500 in Tuesday morning trade, marking a fifth session of decline after Wall Street closed lower overnight as traders weighed rising oil prices, elevated bond yields, and the looming U.S.

Fed decision.

In China, August data showed uneven momentum, with retail sales slowing and unemployment edging higher, though industrial output picked up.

Locally, newly appointed Finance Minister Suahasil Nazara pledged to bolster the ministry’s credibility and leverage the state budget to drive growth, hours after being sworn in to replace Purbaya Yudhi, whose tenure was marked by assertive fiscal moves and public controversies.

Financials, healthcare, and transport led sectoral weakness, while cyclicals provided some support.

State-owned banks dragged, with Bank Negara Indonesia (-2.3%), Bank Rakyat Indonesia (-2.1%), and Bank Mandiri (-2.0%) lower.

Other notable decliners included ESSA Industries (-2.3%), Bukit Asam (-1.0%), and Astra Intl.

(-0.8%).



News Stream
Indonesian Shares Extend Losing Streak
Indonesian equities fell 35 points or 0.5% to 6,500 in Tuesday morning trade, marking a fifth session of decline after Wall Street closed lower overnight as traders weighed rising oil prices, elevated bond yields, and the looming U.S. Fed decision. In China, August data showed uneven momentum, with retail sales slowing and unemployment edging higher, though industrial output picked up. Locally, newly appointed Finance Minister Suahasil Nazara pledged to bolster the ministry’s credibility and leverage the state budget to drive growth, hours after being sworn in to replace Purbaya Yudhi, whose tenure was marked by assertive fiscal moves and public controversies. Financials, healthcare, and transport led sectoral weakness, while cyclicals provided some support. State-owned banks dragged, with Bank Negara Indonesia (-2.3%), Bank Rakyat Indonesia (-2.1%), and Bank Mandiri (-2.0%) lower. Other notable decliners included ESSA Industries (-2.3%), Bukit Asam (-1.0%), and Astra Intl. (-0.8%).
2026-09-15
Indonesian Stocks Fall Sharply to Kick Off Week
Indonesian shares slipped 78 points, or 1.2%, to 6,461 in early Monday trade, extending losses for a fourth session to a two-week low. Sentiment weakened as U.S. futures fell amid surging oil prices after Saudi Arabia shut a key pipeline following drone attacks and postponed talks with Gulf states. Hotter-than-expected U.S. inflation also reinforced the case for higher rates. In China, Indonesia’s top trading partner, August activity data due Tuesday will cover industrial output, retail sales, and the surveyed unemployment. All major sectors retreated, led by basic materials, energy, infrastructure, and transport. Still, losses were partly capped by policy efforts to shore up confidence, including President Prabowo’s pledge to rein in the budget deficit and regulators’ moves to address MSCI’s transparency concerns ahead of its November review. Notable laggards included Merdeka Copper Gold (-4.9%), Darma Henwa (-2.9%), Aneka Tambang (-2.8%), and Barito Pacific (-2.1%).
2026-09-14
Indonesian Shares Set to Log Steep Weekly Decline
Indonesian stocks slipped 90 points, or 1.4%, to 6,502 on Friday morning deals, retreating for the third session and hitting their lowest in two weeks. An overnight drop on Wall Street weighed on sentiment amid a surge in oil prices, while the latest U.S. producer inflation data reinforced bets on an imminent Fed interest-rate hike. Locally, concerns over oil prices above USD 100 per barrel added pressure, as Indonesia is a net oil importer, potentially straining fiscal conditions. Still, losses were capped by fresh data showing retail sales grew for the first time in four months during July, helped by government measures aimed at cushioning households from high cost pressures. All major sectors slipped, dragged by healthcare, cyclicals, basic materials, and transport. Charoen Pokphand (-3.7%), Japfa Comfeed (-3.0%), and ESSA Industries (-2.9%) were among major laggards. For the week, local markets are heading for a sharp drop, down around 2% after advancing in the prior period.
2026-09-11