Business · Markets · 12 hrs ago
Indonesian stocks rise 2% as rupiah strengthens after GDP release and US midterms
Indonesia’s IHSG stock index rose as much as 2% in the first trading session on Thursday, November 5, closing in the 5,000-point range.
The rupiah also strengthened, trading in the 18,000-range per US dollar.
The market moves came after the release of Indonesia’s GDP data and the results of the US midterm elections.
The headline says Donald Trump lost the midterms, but gives no details about the result.
The discussion focused on what these developments could mean for Indonesia’s capital market.
An analyst discussed the market outlook on a CNBC Indonesia programme; no further market steps were specified.
Indonesia’s benchmark stock index, IHSG, rose by as much as 2% during the first trading session on Thursday.
The index closed that session in the 5,000-point range.
The rupiah strengthened to the Rp 18,000 range per US dollar.
The market moves came after Indonesia’s GDP data and the results of the US midterm elections.
CNBC Indonesia discussed the market’s movement in a Power Lunch segment.
- Who
- Indonesia’s stock market and the rupiah.
- What
- The IHSG rose by as much as 2%, while the rupiah strengthened against the US dollar.
- When
- Thursday, November 5, 2026.
- Where
- Indonesia; the article refers to the IHSG and the rupiah.
- Why
- The article links the market discussion to the release of Indonesia’s GDP data and the US midterm election results, but does not explain what caused the moves.
This story does not have two clearly opposing sides.
The IHSG rose by as much as 2% and the rupiah strengthened.
CNBC Indonesia discussed the market’s movement in a Power Lunch segment.
- IHSG rise
- Up to 2%
- IHSG level
- In the 5,000-point range
- Rupiah level
- Rp 18,000 range per US dollar
- Trading date
- November 5, 2026
- Discussion program
- Power Lunch, CNBC Indonesia