Indonesia's IDX Composite Index Slumps 3.43% at Close

Key Facts

The Indonesian IDX Composite Index closed significantly lower, dropping by 3.43%. According to reports from Investing.com, Indonesian equities experienced a sharp sell-off that saw the benchmark index lose substantial ground by the end of the trading session.

This price action follows the central bank's interest rate decision on October 21, 2026, where rates were held at 5.75% despite forecasts of 6%. The broader market trend reflects clear bearish sentiment across the exchange.

Market participants are now looking ahead to the release of Indonesia's Balance of Trade and annual Inflation Rate data on November 2, 2026. The trade balance is forecasted at 3.7, while the annual inflation rate is expected to reach 3.3%.