Business · Markets · 1 hr ago
Indonesia’s Jakarta stock index rises 2.33% in early trading
The Jakarta Composite Index rose 2.33% to 5,034.20 by 9 a.m.
local time on Thursday, moving above 5,000.
The index tracks shares traded on Indonesia’s stock market.
Technology shares led the early gains, rising 5.5%, while basic materials rose 4.02% and financial shares gained 2.2%.
Shares of Bank Rakyat Indonesia, Bank Central Asia and Antam were among those supporting the index, while some other companies’ shares held back its rise.
Investors were also watching for Indonesia’s third-quarter economic growth figures and developments in the financial market.
The session was still under way, so trading volume and the index’s direction could change.
Indonesia’s Jakarta Composite Index rose 2.33% to 5,034.20 at 9:00 a.m. local time on November 5, 2026.
The index opened at 4,998.34, up 1.60%, and then climbed above 5,000.
Technology, basic materials and financial stocks led the gains, rising 5.5%, 4.02% and 2.2%, respectively.
CNBC Indonesia cited the U.S. election result and falling oil prices as potential positive catalysts for Indonesian markets.
Detik reported the index at 5,046.86, up 2.58%, at 9:01 a.m. local time.
- Who
- The Jakarta Composite Index (IHSG), Indonesia’s benchmark stock index.
- What
- It rose 2.33% to 5,034.20 at 9:00 a.m. local time. Detik later reported a 2.58% rise to 5,046.86 at 9:01 a.m.
- When
- November 5, 2026, during early trading.
- Where
- Indonesia’s stock market in Jakarta.
- Why
- CNBC Indonesia said gains in technology, basic materials and financial stocks supported the rise. It also cited the U.S. election result and falling oil prices as potential positive catalysts.
This story does not have two clearly opposing sides.
The index opened at 4,998.34, up 1.60%.
CNBC Indonesia reported the index at 5,034.20, up 2.33%.
Detik reported the index at 5,046.86, up 2.58%.
- Index
- Jakarta Composite Index (IHSG)
- At 9:00 a.m. WIB
- 5,034.20, up 2.33%
- Opening level
- 4,998.34, up 1.60%
- Technology sector
- Up 5.5%
- Basic materials sector
- Up 4.02%
- Financial sector
- Up 2.2%