Central BanksMedium•22 October 2026•
1 min read
Indonesia's IDX Composite Rises as Bank Indonesia Holds Rates at 5.75%
Key Facts
1The IDX Composite closed 1.1% higher at 5,388 points on October 22.
2Bank Indonesia decided to hold its benchmark interest rate at 5.75%.
3The Indonesian central bank raised its deposit facility rate to 5.00%.
The IDX Composite closed 1.1% higher at 5,388 points on October 22, 2026. AD HOC NEWS reported that the advance followed Bank Indonesia's decision to hold its benchmark interest rate steady at 5.75%, providing a positive catalyst for local equities.
The Indonesian central bank raised its deposit facility rate to 5.00% and announced plans to reduce the statutory reserve requirement to 7% to support market liquidity. Advancing stocks outnumbered decliners with 489 gainers against 216 losers, led by a 1.9% rise in energy shares and a 1.6% gain in the transportation sector, while technology was the sole declining sector, falling 0.7%.