27.01.202603:20:25UTC+00IDX Composite Falls on Global Jitters, Domestic Data in Focus

The IDX Composite Index in Indonesia declined by 43 points, equating to a 0.5% drop, settling at 8,931 in Tuesday's morning trading session. This downturn effectively negated the modest gains observed in the previous session. The decline was largely influenced by weakened U.S. futures due to concerns about a looming government shutdown, President Trump's new tariff measures on South Korea, and a cautionary approach ahead of the Federal Reserve's interest rate decision expected on Thursday. Market sentiment was further subdued in anticipation of key domestic economic updates scheduled for release next week, which include January's inflation figures, December's trade statistics, and the GDP figures for the fourth quarter. Positive data from China provided some relief, as industrial profits there increased by 0.6% in 2025, recovering from a marginal 0.1% gain from January to November and a 3.3% decline in 2024. In the energy sector, the Indonesian government is set to release fuel import quotas for private retailers like Shell, Vivo, and BP-AKR on a six-monthly basis. Despite gains in energy and cyclical stocks, these were outweighed by losses in sectors such as basic materials, healthcare, and property. Among the most significant decliners were companies like Astra International (-3.6%), Amman Mineral (-3.2%), Aneka Tambang (-2.9%), and Bank Central Asia (-1.3%).