IDX Composite rises 1.02 percent to 5,125.73
Published on 11/10/2026 at 22:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSIDX Composite closes higher
- The IDX Composite gained 1.02 percent to close at 5,125.73 on Tuesday, November 10, 2026.
- Basic materials and industrial stocks led the advance, while technology, healthcare and infrastructure sectors declined.
- Lower oil prices, stronger global markets and a firmer rupiah supported sentiment, although domestic political and geopolitical risks remained.
The IDX Composite closed higher on Tuesday, November 10, 2026, as improving global risk sentiment, lower oil prices and a stronger rupiah supported Indonesian equities. The index gained 51.96 points, or 1.02 percent, to finish at 5,125.73, according to Kompas.com. Trading in Jakarta had already ended before the late European evening slot.
Broad gains led by cyclical sectors
The move was broad across the market. IDX data cited by Kompas.com showed 458 stocks advanced, compared with 220 decliners and 267 unchanged stocks. Trading value reached IDR 75.63 trillion, with volume of 37.39 billion shares.
Industrial stocks rose 2.68 percent and basic materials gained 2.41 percent, making them the strongest sector groups in the session. Energy shares advanced 1.43 percent, while transport and logistics gained 1.23 percent. Financials added 0.07 percent and property stocks rose 0.97 percent.
Three sectors finished lower: infrastructure declined 0.06 percent, healthcare fell 0.16 percent and technology lost 0.20 percent. The sector pattern suggests that the day's advance was concentrated more heavily in cyclical and commodity-sensitive groups than in technology or defensive areas.
Global backdrop supports sentiment
Market drivers included a recovery in regional and global equities and a decline in crude oil prices. Kompas reported that WTI crude fell by about 2 percent to around USD 85 per barrel, while Brent traded near USD 90. The rupiah strengthened 0.13 percent to IDR 18,062 per US dollar.
RRI reported that the JCI remained in positive territory through both trading sessions despite domestic political developments concerning Vice President Gibran Rakabuming Raka. The report also noted that regional markets were broadly higher, with the Kospi gaining 4.39 percent and the Straits Times Index rising 1.53 percent.
Risks remain despite the rebound
The advance did not remove the market's underlying vulnerabilities. Political uncertainty and geopolitical tensions involving Iran and the Strait of Hormuz remain potential sources of volatility. Domestic demand also showed a mixed signal: September retail sales grew 0.6 percent year over year, slowing from 1.3 percent in August.
For investors, Tuesday's close points to a stronger risk tone but not necessarily a settled trend. The market's next direction will depend on whether global support persists and whether domestic political developments remain orderly. Further IDX Composite coverage is available on the IDX Composite topic page.
