Business · Markets · 1 hr ago
Indonesia’s Jakarta Composite Index falls 0.85% in early trading
Indonesia’s Jakarta Composite Index opened lower on Tuesday and was down 0.85% by 9 a.m.
local time.
The index tracks shares traded on the Indonesia Stock Exchange.
Investors were watching concerns about a possible change in Indonesia’s status from an emerging market to a frontier market in MSCI’s classifications.
They were also weighing escalating attacks involving Saudi Arabia and Yemen’s Houthi group, which have raised concerns about energy supplies.
Oil prices rose on Monday, with Brent crude closing at $106.65 a barrel and US crude at $93.74.
Higher oil prices and uncertainty over Indonesia’s market status added to pressure on the local market after it fell the previous day.
Investors were expected to keep watching these issues, including the outlook for MSCI changes that analysts said could be decided in the second half of 2027.
Indonesia’s Jakarta Composite Index was down 0.85% at 5,885.81 at 09:00 local time on Tuesday.
The index opened at 5,914.98, down 0.36%, and fell to an early low of 5,881.75.
Trading volume in the opening minutes reached 12.78 million lots, worth Rp264.6 billion.
Market pressures included concern about MSCI index issues and rising tensions involving Saudi Arabia and the Houthis.
Oil prices rose on concerns that attacks could disrupt supplies.
- Who
- The Jakarta Composite Index (IHSG).
- What
- It fell 0.85% to 5,885.81 in early trading.
- When
- Tuesday morning, October 13, 2026; the reported level was at 09:00 local time.
- Where
- Indonesia.
- Why
- The article cited MSCI-related concerns and market pressure from regional conflict and higher oil prices.
This story does not have two clearly opposing sides.
Houthi attacks and concerns about oil supplies were among the market issues reported.
Oil futures rose, with Brent closing at US$106.65 per barrel and WTI at US$93.74.
The Jakarta Composite Index opened at 5,914.98, down 0.36%.
The index stood at 5,885.81, down 0.85% from the previous close.
- Index
- Jakarta Composite Index (IHSG)
- Opening level
- 5,914.98, down 0.36%
- 09:00 level
- 5,885.81, down 0.85%
- Early low
- 5,881.75
- Early trading volume
- 12.78 million lots, worth Rp264.6 billion
- Brent crude
- US$106.65 per barrel at Monday’s close
What people are saying
Market issues are still related to MSCI.
Sources
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