IDX Composite closes 1.2 percent lower as oil weighs
Published on 10/26/2026 at 13:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOil and rate dates shape trading
- The index closed at 5,373 points on October 26, down 66 points or 1.2 percent.
- Oil above USD 110 and a weaker rupiah pressured Indonesian stocks.
- Quantum Clovera Investama rose 26.7 percent despite the broad market decline.
- The Fed decision is scheduled for October 29 at 1:00 a.m. WIB.
The IDX Composite closed at 5,373 points on October 26, down 66 points or 1.2 percent. Oil above USD 110 and a weaker rupiah pressured Indonesian equities, as Jakarta Globe reported.
Quantum Clovera Investama rose 26.7 percent, making it the strongest listed mover in the session. The broad decline followed a 4.9 percent weekly gain and renewed caution before the Federal Reserve decision.
Why is the IDX Composite down after its rally?
The index opened at 5,442 points and reached an early high of 5,454 points. Selling accelerated before 10:00 a.m. WIB, sending the benchmark to a low of 5,350 points before a partial rebound. CNBC Indonesia documented the intraday reversal.
The rupiah weakened to 18,177 per USD, while oil stayed above USD 110 per barrel. The combination raised concern about inflation and interest rates, according to Investor Daily.
Winners and losers in the IDX Composite
Winners and losers at the October 26 close, based on Pasardana:
- Quantum Clovera Investama up 26.7 percent.
- Andira Agro up 25.0 percent.
- Tempo Inti Media up 19.6 percent.
- Platinum Wahab Nusantara down 10.0 percent.
- Graha Prima Mentari down 9.3 percent.
- VKTR Teknologi Mobilitas down 7.0 percent.
All sectors ended lower. Infrastructure fell 2.5 percent, energy dropped 2.4 percent and technology lost 2.1 percent. The market recorded 161 advancing stocks, 520 decliners and 112 unchanged shares, according to Kontan.
What comes next for the IDX Composite
The Federal Open Market Committee will announce its rate decision on October 28 at 2:00 p.m. ET, or October 29 at 1:00 a.m. WIB. The statement and subsequent guidance will shape the dollar, oil expectations and foreign flows into Indonesian equities, according to the Federal Reserve schedule.
IDX Composite price data for October 26, 2026
The IDX Composite closed at 5,373 points on October 26, down 66 points or 1.2 percent versus the previous close of 5,439 points, according to Pasardana. It opened at 5,442 points and traded between 5,454 points and 5,350 points.
IDX Composite by the numbers on October 26, 2026
- Index: IDX Composite
- Home exchange: Indonesia Stock Exchange, Indonesia
- Close on October 26, 2026: 5,373 points
- Change versus previous close of October 23, 2026: down 66 points (down 1.2 percent)
- Previous close: 5,439 points
- Open: 5,442 points
- Day high / day low: 5,454 points / 5,350 points
- Top gainer: Quantum Clovera Investama up 26.7 percent
- Top loser: Platinum Wahab Nusantara down 10.0 percent
- Next scheduled event: October 29, 2026, 1:00 a.m. WIB: Federal Reserve rate decision
