Indonesia's financial market has shown mixed performance recently, with stocks rising but the rupiah under pressure and 10-year government bond yields declining. Investors are focusing on upcoming Bank Indonesia foreign exchange reserve data and global economic data. On the 6th, the Jakarta Composite Index (IHSG) rose 21.59 points to 8,139.89, with a trading volume of IDR 28.20 trillion. Foreign investors recorded a net buy of IDR 2.02 trillion, led by the utilities and property sectors, while financial and non-cyclical consumer sectors declined.
The rupiah depreciated 0.09% against the US dollar to IDR 16,545 per USD, affected by a stronger US Dollar Index (DXY), a potential US government shutdown, and debates over the Federal Reserve's interest rate policy. The 10-year government bond yield fell 0.19% to 6.315%, indicating investor buying. In US stock markets, the S&P 500 hit a new high, the Nasdaq rose, and the Dow Jones fell. AMD shares surged after reaching an agreement with AI leaders, Comerica shares jumped on a bank acquisition deal, and increased M&A activity boosted investor sentiment, with the market temporarily ignoring the impact of the US government shutdown.
Markets will focus on Bank Indonesia's upcoming data on September foreign exchange reserves and adjusted base money (M0). Whether foreign exchange reserves can remain above $140 billion is crucial for Indonesia's external resilience, while a rise in M0 may hint at accommodative monetary policy. Additionally, international tin prices hit a six-month high due to supply concerns in Indonesia and Myanmar, benefiting Indonesian tin companies but also posing domestic supply challenges. Meanwhile, Indonesia's Ministry of Manpower launched a paid internship program for unemployed graduates. The Israel attack on Gaza marks its second anniversary, with the situation still unstable and the international community calling for a peaceful resolution to the conflict.
行业快讯
Indonesia's Financial Market Shows Mixed Recent Performance with Net Foreign Inflow Driving Stock Market Gains
Indonesia's financial market has shown mixed performance recently, with stocks rising but the rupiah under pressure and 10-year government bond yields declining. Investors are focusing on upcoming Bank Indonesia foreign exchange reserve data and global economic data. On the 6th, the Jakarta Composite Index (IHSG) rose 21.59 points to 8,139.89, with a trading volume of IDR 28.20 trillion. Foreign investors recorded a net buy of IDR 2.02 trillion, led by the utilities and property sectors, while financial and non-cyclical consumer sectors declined.
The rupiah depreciated 0.09% against the US dollar to IDR 16,545 per USD, affected by a stronger US Dollar Index (DXY), a potential US government shutdown, and debates over the Federal Reserve's interest rate policy. The 10-year government bond yield fell 0.19% to 6.315%, indicating investor buying. In US stock markets, the S&P 500 hit a new high, the Nasdaq rose, and the Dow Jones fell. AMD shares surged after reaching an agreement with AI leaders, Comerica shares jumped on a bank acquisition deal, and increased M&A activity boosted investor sentiment, with the market temporarily ignoring the impact of the US government shutdown.
Markets will focus on Bank Indonesia's upcoming data on September foreign exchange reserves and adjusted base money (M0). Whether foreign exchange reserves can remain above $140 billion is crucial for Indonesia's external resilience, while a rise in M0 may hint at accommodative monetary policy. Additionally, international tin prices hit a six-month high due to supply concerns in Indonesia and Myanmar, benefiting Indonesian tin companies but also posing domestic supply challenges. Meanwhile, Indonesia's Ministry of Manpower launched a paid internship program for unemployed graduates. The Israel attack on Gaza marks its second anniversary, with the situation still unstable and the international community calling for a peaceful resolution to the conflict.