IDX Composite closes 1.0 percent higher as banks lead rally
Published on 10/09/2026 at 18:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- IDX Composite closed at 6,094 points on October 9, 2026, up 1.0 percent.
- Bank Rakyat Indonesia, Telkom Indonesia and Bumi Resources advanced as the index recovered above 6,000 points.
- Basic materials, industrial and infrastructure stocks led the sector gains.
- Bank Indonesia's policy meeting is scheduled for October 20-21, 2026.
IDX Composite closed at 6,094 points on October 9, 2026, up 1.0 percent, as large-capitalization banks, infrastructure shares and basic-materials stocks led a broad recovery. Kompas reported a close of 6,093.76 points, after the index opened at 6,039.01 and traded between 5,995.82 and 6,100.58.
The move followed a 1.9 percent decline on October 8 and returned the benchmark above the 6,000-point level. The session ended with 381 stocks higher, 238 lower and 172 unchanged, according to VIVA.
Large-cap stocks support the rebound
Telkom Indonesia rose 2.7 percent, Bank Rakyat Indonesia gained 2.3 percent and Bumi Resources advanced 3.5 percent. Bank Central Asia also rose 0.8 percent, while GoTo Gojek Tokopedia was unchanged, EmitenNews reported.
Sector gains were led by basic materials at 1.7 percent, industrials at 1.5 percent and infrastructure at 1.2 percent. Property was the only sector to decline, falling 0.2 percent, while 10 sectors finished higher, according to Databoks.
What comes next
The next Jakarta trading session is scheduled for Monday, October 12, 2026. The next dated monetary-policy event identified for domestic markets is Bank Indonesia's board meeting on October 20-21, as reported by W3W.
