IDX Composite closes 1.21 percent higher after oil-price relief

IDX Composite closed at 6,192.93 points after lower oil prices and bargain hunting lifted all 11 sectors, led by transportation and technology.

IDX Composite closed at 6,192.93 points on October 6, 2026, up 1.21 percent, as lower oil prices and bargain hunting supported a broad rebound. IDXChannel reported the closing level in a 4:09 p.m. WIB update.

Broad gains across sectors

The index opened at 6,139.13 points and traded between 6,120.24 and 6,216.44, according to CNBC Indonesia. The session followed a 1.36 percent gain on October 5, extending the rebound after sharp losses the previous week.

All 11 sectors rose. Transportation gained 3.17 percent, technology advanced 3.09 percent and energy increased 2.67 percent. The market recorded 511 advancing stocks, 198 decliners and 254 unchanged stocks. Triniti Dinamik rose 34.78 percent, Pool Advista Finance gained 34.15 percent and Asuransi Maximus Graha Persada added 32 percent, according to IDXChannel.

Oil and stimulus support sentiment

Indonesia's rebound reflected bargain hunting after last week's decline, while lower oil prices and reduced expectations of an October Federal Reserve rate hike supported risk appetite, The Edge Malaysia reported. The Indonesian government also prepared IDR31 trillion in fourth-quarter stimulus for purchasing power, employment and business support, according to RRI.

For the next session on October 7, 2026, investors will focus on the Federal Reserve's September meeting minutes. Market participants are also watching domestic data releases due later this week, including September foreign-exchange reserves and consumer confidence, Antara reported.

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