Business · Markets · 16 hrs ago

Indonesia’s Stock Index Rises Ahead of MSCI Announcement

Indonesia’s Stock Index Rises Ahead of MSCI Announcement

Indonesia’s Jakarta Composite Index rose 0.40% to 5,050.43 on Friday, November 6.

Shares in BBRI, BMRI and BBCA helped lift the index, while BRPT, EMAS and MDKA fell.

Foreign investors were net buyers, purchasing Rp109.30 billion of shares on the regular market.

The gains came as investors waited for an MSCI announcement this week, and the market’s rise did not yet show a lasting recovery.

Only two of the index’s 11 sectors rose, with finance leading and technology falling the most.

The update also notes that contractor and mining-services company ANDA is in the early stage of planning an IPO, while cement maker INTP reported higher profit and revenue for the first nine months of 2026.

Investors will be watching the MSCI announcement and whether the market’s gains continue.

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