The Indonesia Stock Exchange (IDX) sent a message to investors on how to respond to national political developments that may affect market movements. IDX President Director Jeffrey Hendrik reminded investors to keep watching fundamentals.

“Investors must always pay attention to fundamentals,” Jeffrey told reporters at the IDX building on Wednesday (11/11/2026). He added that investors also need to align their investment decisions with their own risk profile.

News from the Palace

The message came after Vice President Gibran Rakabuming Raka was reported to have submitted his resignation on Tuesday (10/11/2026). State Secretary Prasetyo Hadi confirmed that Gibran expressed an intention to resign during a roughly two-and-a-half-hour meeting with President Prabowo Subianto at the Palace. Prasetyo corrected reports that Prabowo rejected the intention; during the meeting the president offered several pieces of advice. He also stressed that the resignation has not formally taken effect and that Gibran remains vice president.

Market reaction

At the close on Tuesday (10/11/2026), IHSG surged 1.02% to 5,125.72. On Wednesday (11/11/2026) the index opened in positive territory but then moved into the red; at 10:07 WIB IHSG was down 0.63% at 5,093.46. At the end of the morning session IHSG closed at 5,114.32, down 0.22%.

Market reports note that investors are now watching how the political news develops, alongside IDX's expansion of the list of high shareholding concentration (HSC) stocks and the MSCI review announcement on Thursday (12/11/2026) at around 05:00 WIB. Until an official announcement is made, the news of the intention to resign is seen as a source of political uncertainty, not confirmation of a change of vice president.

Sources

• Wapres Gibran Rakabuming Mundur, Bos BEI Wanti-Wanti Ini ke Investor — CNBC Indonesia (Zefanya Aprilia), 11 November 2026. https://www.cnbcindonesia.com/market/20261111101144-17-784147/wapres-gibran-rakabuming-mundur-bos-bei-wanti-wanti-ini-ke-investor
• IHSG Ditutup Melemah 0,22% pada Sesi I ke 5.114 — CNBC Indonesia (Romys Binekasri), 11 November 2026. https://www.cnbcindonesia.com/market/20261111120329-17-784213/ihsg-ditutup-melemah-022-pada-sesi-i-ke-5114