double-skinned crabsVietnamese crab exportergood crab

Momentum Eases: IDX Flatlines After Record High, Asia Stays Upbeat

Ria Fortuna Wijaya, Associated Press
November 10, 2025 | 4:30 pm
SHARE
IDX Logo displayed on a plaque at IDX building with stock movement reflected on the plaque. (Photo by Defrizal Mohammad)
IDX Logo displayed on a plaque at IDX building with stock movement reflected on the plaque. (Photo by Defrizal Mohammad)

Jakarta. Jakarta Composite Index (JCI) closed slightly lower on Monday despite staying in positive territory for most of the session, after briefly touching a new all-time high during intraday trading.

The benchmark index slipped 3.35 points, or 0.04 percent, to 8,391, moving within a range of 8,391–8,478 throughout the day.

Market activity remained robust, with 44.6 billion shares changing hands and a turnover of Rp 20.76 trillion ($1.2 billion) across more than 2.7 million transactions. A total of 371 stocks advanced, 282 declined, and 157 remained unchanged.

Regional markets were mostly higher as investors welcomed tentative progress in the US Senate toward ending the federal government shutdown. Lawmakers voted Sunday to begin procedural steps toward a compromise funding bill, though final approval could still take days.

ADVERTISEMENT

Gains across Asia were led by South Korea’s Kospi, which jumped 3 percent to 4,073.24, boosted by chipmakers SK Hynix (+4.5 percent) and Samsung Electronics (+2.8 percent).

Japan’s Nikkei 225 added 1.3 percent to 50,911.76, lifted by AI-related stocks like Tokyo Electron (+4.3 percent). Hong Kong’s Hang Seng rose 1.6 percent to 26,649.06, while Shanghai Composite gained 0.5 percent to 4,018.60.

On Wall Street, major indexes ended mixed on Friday, logging their first weekly loss in a month. The S&P 500 rose 0.1 percent, the Dow Jones Industrial Average gained 0.2 percent, and the Nasdaq Composite slipped 0.2 percent after a volatile week dominated by big-cap tech losses. Alphabet dropped 2.1 percent and Broadcom fell 1.7 percent.

Investors continue to assess corporate earnings amid limited economic data releases due to the ongoing US government shutdown, which has delayed key indicators on inflation and employment. Markets are still largely pricing in a Federal Reserve rate cut in December.

Back in Jakarta, IDX’s top gainers included Urban Jakarta Propertindo (URBN), which surged 34.78 percent, followed by Berkah Prima Perkasa (BLUE) and Sinergi Inti Andalan Prima (INET), both up 25 percent, and Pakuan (UANG), rising 24.88 percent.

Meanwhile, laggards were led by Dian Swastatika Sentosa (DSSA), which fell 12 percent, Pembangunan Graha Lestari (PGLI) down 11.02 percent, Tira Austenite (TIRA) off 10.06 percent, and Harta Djaya Karya (MEJA) sliding 9.88 percent.

Tags: Keywords:
SHARE

Related Articles


Business 19 hours ago

Indonesian Stocks Rise Despite Foreign Outflows as MSCI Review Looms

Indonesia's JCI rose 2.8% as easing geopolitical tensions offset foreign outflows, MSCI concerns and rupiah pressures.
Business Jun 19, 2026 | 5:06 pm

OJK Moves to Reassure Investors After MSCI Downgrades Information Flow

Indonesia said MSCI's transparency concerns validate ongoing reforms, while maintaining confidence in market access.
Business Jun 19, 2026 | 4:08 pm

JCI Ends Flat-to-Higher as MSCI Review Caps Gains

JCI rose 0.08% after a volatile session as investors weighed MSCI transparency concerns and Fed rate risks.
Business Jun 19, 2026 | 3:11 pm

Analyst: MSCI Report Is About More Than Indonesia's Emerging Market Status

MSCI's latest review flagged transparency and information flow gaps that could weigh on investor confidence in Indonesia.
Business Jun 19, 2026 | 9:07 am

Jakarta Stocks Weigh BI Rate Hike, MSCI Transparency Concerns

Indonesia kept its MSCI emerging market status, but concerns over transparency and market integrity weighed on stocks.
Business Jun 19, 2026 | 8:26 am

MSCI Retains Indonesia as Emerging Market, Warns on Market Transparency

MSCI kept Indonesia in its emerging market index but flagged persistent concerns over transparency and FX access.
Business Jun 18, 2026 | 11:23 pm

New IDX Chief Pledges Stronger Governance After Market Volatility

New IDX chief Jeffrey Hendrik pledges stronger governance and transparency after MSCI-related market volatility.
Business Jun 18, 2026 | 4:00 pm

JCI Drops 0.78% as BI Raises Rates and Investors Await MSCI Review

Jakarta stocks fell 0.78% after BI raised rates to 5.75%, while investors awaited MSCI's market review.
Business Jun 18, 2026 | 2:25 pm

OJK Nominates Seven IDX Directors, Jeffrey Hendrik Set to Remain CEO

Jeffrey would be appointed President Director of the Indonesia Stock Exchange after serving in an acting capacity.
Business Jun 18, 2026 | 9:05 am

Jakarta Stocks Retreat Ahead of Triple Market Tests: BI, MSCI and FTSE

JCI fell 0.46% as investors awaited Bank Indonesia's rate decision and key MSCI and FTSE index reviews.

The Latest


News 14 hours ago

Dear Mr. President, Don’t Skip ASEAN Summits

Despite calls for Prabowo to stay home, the Indonesian leader still needs to attend ASEAN summits.
Business 15 hours ago

PLN Rushes Coal Supplies After Power Outages Hit Java

PLN is rushing to secure coal supplies after shortages triggered rolling blackouts across Java, disrupting businesses and daily life.
Business 19 hours ago

Japan-Backed ADB Invests in Indonesia’s Human Capital

As many as 399 Indonesian awardees have joined the ADB-Japan Scholarship Program from 1988 to 2024.
Business 19 hours ago

Indonesian Stocks Rise Despite Foreign Outflows as MSCI Review Looms

Indonesia's JCI rose 2.8% as easing geopolitical tensions offset foreign outflows, MSCI concerns and rupiah pressures.
News 20 hours ago

World Cup 2026: Paraguay Holds Off Turkey With 10 Men to Keep Knockout Hopes Alive

Matias Galarza scored after 65 seconds as 10-man Paraguay beat Turkey 1-0, eliminating the Turks and securing first place for the US.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED