IDX Composite closes higher as HSC policy adds 51 points

Published on 10/23/2026 at 13:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IDX Composite ends at 5,439 points after an HSC policy change; the index adjustment takes effect on November 2, 2026 in Jakarta.

Consumer stocks lead the advance

IDX Composite closed at 5,439 points on October 23, up 51 points or 1.0 percent.
HSC policy changes take effect on November 2, supporting the market response.
Widodo Makmur Unggas led gainers with a 33.3 percent rise.
The Federal Reserve meeting runs from October 27 to October 28, 2026.

IDX Composite, XC0009655181, Illustration mit AI erstellt.

The IDX Composite closed at 5,439 points on October 23, gaining 51 points or 1.0 percent. The advance followed a positive response to Indonesia's policy excluding high-shareholding-concentration stocks from the index, Tempo.co reported.

Widodo Makmur Unggas jumped 33.3 percent and led the session's gainers, while most sectors advanced. The index rose for a fourth session as investors assessed the changes taking effect on November 2, 2026.

Why did the IDX Composite rise?

The policy removes stocks with high shareholding concentration from the index calculation. Market participants responded positively to the reform, which is scheduled to begin on November 2, 2026, Tempo.co reported.

Consumer cyclicals led the sector advance with a 3.1 percent gain. Industry stocks rose 3.1 percent, while energy stocks added 2.5 percent. All 11 sectors finished higher, BeritaSatu reported.

Winners and losers in the IDX Composite

Session movers from the same closing data were listed by BeritaSatu:

Widodo Makmur Unggas up 33.3 percent
Fast Food Indonesia up 25.0 percent
TBS Energi Utama up 25.0 percent
Bumi Teknokultura Unggul down 8.3 percent
Bukaka Teknik Utama down 6.9 percent
Link Net down 6.9 percent

IDX Composite course and breadth

The index opened at 5,397 points, reached a high of 5,455 points and touched a low of 5,366 points. Advancing stocks outnumbered decliners, with 506 rising, 192 falling and 265 unchanged, CNBC Indonesia reported.

What comes next for the IDX Composite

October 27-28, 2026: The Federal Reserve holds its next meeting, a global rate-market event for Indonesian equities, IndoStock reports.
November 2, 2026: IDX changes excluding high-shareholding-concentration stocks take effect, Tempo.co reports.

IDX Composite price data for October 23, 2026

The IDX Composite closed at 5,439 points on October 23, 2026, up 51 points or 1.0 percent. It opened at 5,397 points and traded between 5,366 points and 5,455 points, CNBC Indonesia reported.