Jakarta. Jakarta Composite Index (JCI) opened sharply higher on Wednesday, rising 56.43 points or 0.65 percent to 8,713 in the first trading session. The benchmark index moved in a narrow green range between 8,705 and 8,719.

RTI data showed that 2.15 million shares changed hands in the opening minutes, with a turnover of Rp 1.12 trillion ($67.09 million) across 116,304 transactions. A total of 316 stocks advanced, 120 declined, and 223 were unchanged.

Wall Street was mostly flat overnight as investors awaited the Federal Reserve’s rate decision due later Wednesday. US job openings (JOLTS) for October edged up to 7.670 million from 7.658 million, beating expectations and signaling a gradual improvement in labor demand. The job openings rate held steady at 4.6 percent. This combination usually leads investors to stay positioned defensively, but still hopeful that the Fed will keep its easing path intact.

The S&P 500 slipped 0.1 percent, remaining close to its October all-time high. The Dow Jones fell 179 points or 0.4 percent, while the Nasdaq inched up 0.1 percent. JPMorgan Chase dragged the market lower after CFO Marianne Lake signaled expenses could rise to $105 billion next year, up 9 percent from this year’s estimate. The bank’s shares slumped 4.7 percent.

Investors widely expect the Fed to deliver a rate cut, its third this year, but are bracing for more cautious guidance on the 2026 outlook. The S&P 500 closed at 6,840, the Dow at 47,650, and the Nasdaq at 23,576.

Across Asia, Japan’s Nikkei opened higher at 50,878, up 223 points, while South Korea’s Kospi jumped 16 points to 4,159 before both indices later pulled back. Hong Kong’s Hang Seng edged up 1 point to 25,435, while Shanghai’s SSE dropped 8 points to 3,909.

On the local bourse, shares of Kioson Komersial Indonesia (KIOS), Garuda Maintenance Facility Aero Asia (GMFI), Ketrosden Triasmitra (KETR), and Metro Healthcare Indonesia (CARE) were flagged for Unusual Market Activity due to sharp, abnormal price surges. KIOS has soared 103.85 percent over the past month, GMFI climbed 75.58 percent, KETR surged 201.25 percent, and CARE rose 76.83 percent. The Indonesia Stock Exchange urged investors to monitor issuer responses to its confirmation requests and to pay close attention to company performance and information disclosures.

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