Business · Markets · 3 hrs ago
Indonesia's main stock index falls 1.33% amid global concerns
Indonesia's Jakarta Composite Index fell 1.33% on Thursday, closing at 5,863.78.
The index tracks shares traded on the Indonesia Stock Exchange, and most listed shares fell that day.
Higher-than-expected US inflation helped drive declines in global and Asian markets, with US inflation reaching 3.7% in September.
That could keep the Federal Reserve on a tighter policy path, and analysts expect one more US interest rate increase this year.
Higher US rates may push up Treasury yields and encourage investors to pull money from emerging markets such as Indonesia.
Threats to Saudi oil facilities raised energy supply concerns, adding to uncertainty about oil prices and global markets.
China's strong trade figures could support demand for Indonesian commodities, but that positive signal was outweighed by wider market concerns.
Indonesia’s main stock index, the Jakarta Composite Index, fell 1.33% to 5,863.78 at the close on Thursday.
The decline was driven mainly by global concerns, including higher-than-expected US inflation and a hawkish outlook for Federal Reserve policy.
Analysts also cited rising tensions in the Middle East and the risk of disruption to energy supplies.
The index’s fall came as most global and Asian markets also declined.
- Who
- The Jakarta Composite Index, Indonesia’s main stock index.
- What
- It fell 1.33% to 5,863.78.
- When
- Thursday, 15 October 2026.
- Where
- Indonesia.
- Why
- Higher-than-expected US inflation, expectations of tighter Federal Reserve policy and Middle East tensions weighed on sentiment.
This story does not have two clearly opposing sides.
US inflation rose to 3.7% year on year, above market expectations.
The Jakarta Composite Index closed down 1.33% at 5,863.78.
- Index decline
- 1.33%
- Closing level
- 5,863.78
- Trading date
- 15 October 2026
- Shares lower
- 567
- Shares higher
- 108
- Trading value
- Rp 13.52 trillion
What people are saying
The correction in the Jakarta Composite Index was also in line with global markets and most Asian markets, which also corrected after the release of US September 2026 inflation data, which rose to 3.7% year on year, still quite far from the Fed’s inflation target.
There will be one FFR increase before the end of 2026. We expect that, with this hawkish tone, UST yields, which are currently still above 5%, will rise and outflows from emerging markets will increase.