Indonesia’s Benchmark Index Rises Early, Nvidia Powers US Markets
Jakarta. Indonesia’s benchmark stock index opened in positive territory on Tuesday, with the Jakarta Composite Index (JCI) starting the day at 8,066 within a range of 8,058–8,076.
Trading volume reached 2.8 billion shares across 153,633 transactions, with a total value of Rp 1.5 trillion. Market breadth showed 264 gainers, 195 losers, and 190 unchanged.
The Indonesia Stock Exchange (IDX) announced trading suspensions on two stocks at the start of today’s session. Shares of Berkah Prima Perkasa (BLUE), a shipping and logistics firm, and coal miner Dwi Guna Laksana (DWGL) were halted following sharp cumulative price increases in recent weeks.
BLUE jumped 21.95 percent to Rp 750 per share on Monday, extending its monthly rally to 134.38 percent. DWGL surged 24.49 percent to Rp 605, soaring 170.09 percent in the past month.
IDX’s Head of Trading Supervision Division, Yulianto Aji Sadono, said the suspensions were imposed as a “cooling down” measure to protect investors amid unusual market activity.
Global sentiment was buoyed by Wall Street’s continued rally overnight, with US stocks notching fresh records. The S&P 500 climbed 0.4 percent, the Dow Jones Industrial Average gained 0.1 percent, and the tech-heavy Nasdaq rose 0.7 percent. Nvidia once again led the gains, surging 3.9 percent after unveiling a partnership with OpenAI that includes a planned $100 billion investment.
US equities have been on an upswing since April, driven by optimism that US President Donald Trump’s tariffs will not derail global trade and that the Federal Reserve will deliver multiple rate cuts this year. The Fed made its first cut last week, signaling that more could follow, although officials remain cautious as inflation stays above the 2 percent target.
In Asia, Japan’s Nikkei 225 rose 1 percent, while Hong Kong’s Hang Seng slipped 0.8 percent.
Tags: Keywords:
as a preferred
Related Articles
Jakarta Stocks Gain 5.65% Amid MSCI-Related Reform Efforts
Jakarta stocks climbed 5.65% to 5,278 as regulators pursued market reforms following MSCI's downgrade warning.
Prabowo Summons Economic Team Amid Market Volatility
Prabowo meets senior economic officials as the JCI rebounds 4.16% and the rupiah strengthens to Rp 17,992 per dollar.
Indonesian Stocks Recover 1.7% After Three-Day Sell-Off Below 4,900
Indonesian stocks rebound 1.7% above 5,000 after a three-day rout as investors assess IDX reforms and MSCI downgrade risks.
Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996
Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.
MSCI Concerns, Tighter IDX Trading Rules Send Indonesian Stocks Down 5% by Midday
Indonesian stocks plunge 5% by midday as MSCI concerns weigh on sentiment and the IDX tightens its daily downside limit to 7%.
Indonesian Bank Stocks Hit Pandemic-Era Valuations After MSCI Shock
Indonesian bank stocks hit crisis-era lows as MSCI's downgrade proposal sparks a selloff and fuels fears of foreign outflows.
Indonesian Stocks Sink Toward 4,900 as MSCI Threat, $110 Oil Bite
Indonesian stocks plunged 4.31% to a 2026 low near 4,900 as MSCI downgrade fears and oil prices topping $110 per barrel.
Black Week for Indonesia Stocks Exchange as Market Loses $85 Billion
Indonesia’s stocks plunged 14.91% in a week, wiping out $94 billion in market value as MSCI weighs a downgrade to standalone status.
Indonesia Fines DSSA, BREN and CUAN Rp 2.1 Trillion for Market Violations
OJK fines DSSA, BREN and CUAN Rp 2.1 trillion over stock manipulation and alleged irregularities in share offerings.
Indonesian Stocks End at 2026 Low After Losing 11.57% on MSCI Warning
Indonesian stocks lost 11.57% to hit a new 2026 low as MSCI's reclassification warning rattled investor confidence.The Latest
Ferry Burns for Hours Near Merak After Passengers and Crew Escape
The Batumandi ferry fire is the latest in a series of serious passenger vessel accidents reported in Indonesia over the past five months.
Indonesia Attracts $2.5 Billion Palm Oil Investment So Far in 2026
In Q3 alone, Indonesia saw Rp 14.9 trillion ($829 million) worth of investments coming to its value-added palm oil processing.
Minimum Wage Hikes Fail to Keep Up With Rising Living Costs
Indonesia’s 2026 minimum wage hikes offer limited relief as rising prices erode purchasing power and job insecurity persists.
Prabowo Government Gets Poor Ratings from 66% of Surveyed Professionals
According to the findings, 66% of respondents rated the government's overall performance as poor or very poor.
Rupiah Strengthens to Rp 17,992 as Investment Data Lifts Sentiment
Rupiah gains 0.30% to Rp 17,992 per dollar as strong investment realization and easing US-Russia tensions lift market sentiment.Most Popular
