Business · Markets · 16 hrs ago
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.
Indonesia’s Jakarta Composite Index rose 0.40% to 5,050.43 on Friday, November 6.
Gains were led by bank shares, including BBRI, BMRI and BBCA.
Investors were cautious ahead of an MSCI announcement expected during the week of November 9.
Foreign investors recorded net buying of Rp109.30 billion on the regular market and Rp329.34 billion across all markets.
Only two of the 11 sectors ended higher, with financial stocks gaining the most and technology falling the most.
- Who
- Investors in Indonesia’s stock market, including foreign investors.
- What
- The Jakarta Composite Index rose 0.40% to 5,050.43.
- When
- Friday, November 6, 2026.
- Where
- Indonesia’s stock market.
- Why
- Gains were mainly supported by bank shares. Market participants remained cautious ahead of an MSCI announcement expected that week.
This story does not have two clearly opposing sides.
The Jakarta Composite Index closed 0.40% higher at 5,050.43.
Market participants were awaiting an MSCI announcement.
- Index close
- 5,050.43
- Index change
- Up 0.40%
- BBRI
- Up 3.69%
- BMRI
- Up 2.49%
- Foreign net buying
- Rp109.30 billion on the regular market
- Strongest sector
- Financials, up 1.52%