Jakarta. Jakarta Composite Index (JCI) closed red on Tuesday, slipping 62 points, or 0.77 percent, to 8,061, as foreign outflows weighed on sentiment, according to Pilarmas Investindo Sekuritas.

Based on RTI data, the index moved in the range of 8,042–8,150, with a trading volume of 56 billion shares and a turnover of Rp 26.4 trillion from 2.5 million transactions. A total of 280 stocks advanced, 396 declined, and 122 were unchanged.

According to Pilarmas Investindo Sekuritas, Bank Indonesia recorded Rp 2.71 trillion ($162.8 million) in foreign capital outflows during the fourth week of September, raising Indonesia’s investment risk premium.

“The heavy foreign selling sparked concerns among market players about domestic financial stability and external resilience amid persistent global pressures,” Pilarmas wrote in a research note on Tuesday.

From abroad, China’s National Bureau of Statistics reported that the country’s manufacturing Purchasing Managers Index (PMI) rose to 49.8 in September, up from 49.4 in August and above the 49.7 market forecast. The figure signaled a smaller-than-expected contraction.

Meanwhile, a private survey by RatingDog showed stronger growth momentum, with China’s manufacturing PMI climbing to 51.2 in September from 50.5 in August, also beating consensus at 50.3.

“This reflects stronger growth as Beijing steps up efforts to curb industrial overcapacity despite soft domestic demand and global trade headwinds,” Pilarmas said.

Markets also remain on edge over a potential US government shutdown after talks between President Donald Trump and congressional leaders ended without a funding deal. Without an agreement, the shutdown could start Wednesday, delaying key economic data such as September’s nonfarm payrolls.

Adding to the jitters, the US is set to impose new tariffs on heavy trucks, patented medicines, and other goods next month. Investors are also monitoring the Federal Reserve’s policy stance. Cleveland Fed President Beth Hammack reiterated the need for tight monetary policy to rein in inflation, while St. Louis Fed President Alberto Musalem signaled openness to further rate cuts but stressed rates must stay high enough to curb inflation, still about 1 percent above target.

Asian shares traded mixed Tuesday. Japan’s Nikkei 225 slipped nearly 0.3 percent to 44,932.63, while Hong Kong’s Hang Seng gained 0.3 percent to 26,694.10. The Shanghai Composite added 0.5 percent to 3,882.07. Australia’s S&P/ASX 200 edged down 0.2 percent to 8,847.00, and South Korea’s Kospi slipped 0.1 percent to 3,428.28.

On Wall Street overnight, US equities closed higher as tech stocks rebounded. The S&P 500 rose 0.3 percent to 6,661.21, the Dow Jones inched up 0.1 percent to 46,316.07, and the Nasdaq climbed 0.5 percent to 22,591.15.

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