IDX Composite gains 1.78% to 5,344.41 ahead of Bank Indonesia meeting
Published on 11/13/2026 at 22:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSIDX Composite closes higher
- The IDX Composite ended Friday at 5,344.41 points, up 1.78 percent from Thursday's close.
- All sectoral indices gained, led by technology, basic materials and energy.
- Investors are watching Bank Indonesia's Board of Governors Meeting scheduled for November 18.
- Phintraco Sekuritas expects the index to test 5,400 to 5,500 next week if it remains above 5,300.
The IDX Composite climbed 93.51 points, or 1.78 percent, to 5,344.41 on Friday, November 13, extending the recovery from Thursday's 2.66 percent advance. The close was 1.78 percent above the previous session's 5,250.90, according to Kompas.
Broad gains across sectors
The index traded between 5,215.15 and 5,361.94 during the session. All sectoral indices finished higher. Technology led with a gain of 3.94 percent, followed by basic materials at 3.53 percent and energy at 2.49 percent, according to IDNFinancials.
Trading activity was substantial, with transactions across all markets totaling IDR 12.38 trillion and 30.34 billion shares changing hands in 1.51 million transactions. The breadth of the move was also strong: 319 stocks gained, 66 declined and 72 were unchanged, based on data reported by Databoks.
Bank Indonesia meeting in focus
Among individual constituents, Bumi Resources Minerals contributed 10.72 points to the index after its shares rose 16 percent. Bank Rakyat Indonesia added 5.33 points and Bumi Resources contributed 4.43 points, IDNFinancials reported.
Market attention is now shifting to Bank Indonesia's Board of Governors Meeting on November 18. Phintraco Sekuritas analysts cited by IDNFinancials expect the central bank to raise the BI Rate to 6 percent and are also monitoring October loan-growth data, which they expect to slow to 13 percent. They said the IDX Composite could test the 5,400 to 5,500 range next week if it holds above 5,300.
