Indonesian Stocks Rise on Political Calm, but Rupiah Weakness Looms
The Indonesian Composite Stock Price Index (IHSG) rose on expectations of easing political tensions. However, the Rupiah weakened due to a stronger US dollar and concerns over foreign capital outflows, leaving market uncertainty.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Indonesian Crypto Investors Urged to Understand Bitcoin's Key Influencing Factors
Amid growing interest in crypto assets in Indonesia, Bitcoin prices remain volatile. Novice investors are urged to understand factors like inflation, geopolitics, and ETF fund flows to manage risks effectively.
- Rupiah Under Pressure, Minister Says Current Political Turmoil Differs from 1998 Crisis
Amidst domestic political turmoil causing the Rupiah's depreciation, Indonesia's Deputy Coordinating Minister for Economic Affairs stated the current situation is distinct from the 1998 economic crisis, suggesting market pressure is temporary and could ease soon.
- Indonesian VP Resigns Amid Education Qualification Dispute
Indonesia's Vice President has resigned following a dispute over his educational qualifications, raising concerns about potential destabilization of the nation's economy. He is the son of former President Joko Widodo.
- MSCI Removes 7 Indonesian Stocks from Small Cap Index, Adds One
MSCI announced its November 2026 index review, removing seven Indonesian stocks from the MSCI Global Small Cap Index and adding PT Bumi Resources Minerals Tbk (BRMS). The changes will be effective from December 1, 2026.