Indonesian Shares Rebound

2026-10-14 02:40 By Farida Husna 1 min. read

Indonesian equities rose 43 points or 0.7% to 5,968 on Wednesday morning deals, reversing losses in the prior two sessions.

Bargain hunters set in after markets fell to a three-month low, while U.S.

stock futures strengthened ahead of the inflation data later today.

Meanwhile, the IMF raised Indonesia's 2026 GDP growth projection to 5.1% from 5.0%, supported by ongoing efforts to lift household buying power and increased government spending.

However, gains were capped by caution ahead of September trade data in main trading partner China.

Meanwhile, Chinese producer prices rose the most in over four years in September, as higher fuel prices pushed up costs for businesses.

Consumer inflation edged up to a three-month high of 0.9% but slightly below forecasts of 1%.

All sectors contributed to the upturn, led by industrials, transport, property, and infrastructure.

Among early standouts were Mitra Adiperkasa (4.2%), Medco Energi (3.4%), Bukit Asam (2.8%), and Bank Central Asia (1.7%).



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Indonesian Shares Rebound
Indonesian equities rose 43 points or 0.7% to 5,968 on Wednesday morning deals, reversing losses in the prior two sessions. Bargain hunters set in after markets fell to a three-month low, while U.S. stock futures strengthened ahead of the inflation data later today. Meanwhile, the IMF raised Indonesia's 2026 GDP growth projection to 5.1% from 5.0%, supported by ongoing efforts to lift household buying power and increased government spending. However, gains were capped by caution ahead of September trade data in main trading partner China. Meanwhile, Chinese producer prices rose the most in over four years in September, as higher fuel prices pushed up costs for businesses. Consumer inflation edged up to a three-month high of 0.9% but slightly below forecasts of 1%. All sectors contributed to the upturn, led by industrials, transport, property, and infrastructure. Among early standouts were Mitra Adiperkasa (4.2%), Medco Energi (3.4%), Bukit Asam (2.8%), and Bank Central Asia (1.7%).
2026-10-14
Indonesian Stocks Extend Slide to 3-Month Low
Indonesia’s IDX Composite dipped 54 points, or 0.9%, to 5,884 in early Tuesday trade, marking the second straight session of losses and notching a four-month low. Sentiment weakened further as U.S. stock futures retreated after a Wall Street tech selloff overnight spilled into Asian markets ahead of key inflation data. Caution also prevailed ahead of CPI, PPI, and trade reports in top trading partner China later this week. Locally, concerns persisted over a pending Financial Services Authority probe into alleged price manipulation in energy stocks. Uncertainty surrounding MSCI’s review of Indonesian equities and persistent rupiah weakness added to the pressure. Losses were broad across cyclical stocks, basic materials, infrastructure, and energy, although selective buying in fundamentally strong companies helped temper the downside. Notable laggards included Indah Kiat Pulp & Paper (-5.5%), Japfa Comfeed (-5.0%), Perusahaan Gas Negara (-3.5%), and Bank Rakyat Indonesia (-2.3%).
2026-10-13
Indonesian Equities Trade Lower After Recent Rally
Indonesian stocks fell 0.3% to 6,077 in Monday morning deals, easing after a prior rally as infrastructure, financials, and transport weighed. Sentiment turned cautious after U.S. President Donald Trump said he may join Saudi Arabia in retaliating against Tehran-backed Houthis following a deadly attack on Riyadh’s main airport over the weekend. Traders also vigilantly awaited CPI/PPI and trade data from main trading partner China due later this week as activity resumed after a major break. Locally, inflation risks stayed in focus after September figures hit a three-month high of 3.28%, with food prices expected to remain a key driver through year-end. Still, losses were limited by August retail sales, which posted their fastest growth in five months amid continued government support measures to cushion households against cost pressures. Notable laggards included Gojek Tokopedia (-6.7%), XL Smart Telecom (-3.4%), Mitra Adiperkasa (-2.3%), and Indika Energy (-2.2%).
2026-10-12