Indonesia's financial markets closed broadly higher on Tuesday (10/11/2026), across stocks, the rupiah and government bonds (SBN). CNBC Indonesia called this significant because all three ended in positive territory together, even though sentiment for the next day was still clouded by the MSCI rebalancing, the release of 300 new HSC stocks, and US inflation above expectations.

Equities: IHSG up 1.02%

IHSG closed up 51.96 points or 1.02% at 5,125.73. The index opened at 5,096.81, hit a daily high of 5,160.55 around 10:00 WIB, dipped to near 5,110 at midday, then traded sideways in the 5,120–5,140 range in the second session. Volume was 190.85 million lots worth about Rp7.86 trillion; total transactions over the first two days of the week reached 380.35 million lots worth Rp75.64 trillion with a frequency of 1.25 million trades. A total of 410 stocks rose, 174 fell and 132 were flat.

Foreign investors recorded net foreign inflow of Rp171.89 billion across all markets and Rp115.36 billion in the regular market. Since the start of 2026, all markets still show net foreign outflow of Rp97.41 trillion and the regular market Rp126.92 trillion.

According to Refinitiv data, the utilities sector gained the most, 3.53%, followed by basic materials 2.87%, academic & educational services 2.50% and real estate 1.66%. Index movers were ASII, AMMN, EMAS, PTRO and MDKA; laggards were BBCA, TLKM, AKRA, MEDC and INTP.

Rupiah strengthens two days in a row

The rupiah closed 0.14% stronger at Rp18,045 per US dollar from Rp18,070 on Monday (9/11/2026). It opened at Rp18,075 and strengthened to as much as Rp18,030. The US dollar index (DXY) weakened 0.11% to 101.545 at 15:00 WIB, extending Monday's decline of about 0.63%.

Market attention was on the October 2026 US inflation release announced Tuesday at 20:30 WIB, with a result that was unfavorable for markets. Westpac strategist Imre Speizer, quoted by Reuters, said room to price in a December rate hike is relatively limited, but rate expectations for subsequent meetings could still rise.

Retail sales slow

Bank Indonesia reported that the Real Sales Index (IPR) for September 2026 grew 0.6% year on year, slowing from 1.3% in August. Month on month, retail sales contracted 3.1%, reversing an 0.8% gain the month before; BI explained the decline reflects a normalization of demand after the Independence Day period. BI expects sales to improve in October, growing 1.0% year on year.

Bonds: yields fall

The 10-year government bond yield fell to 7.550% from 7.693% a day earlier. A falling yield indicates the bond market was dominated by buying rather than selling in the secondary market.

Note: this summary covers only the part of the source article that contains domestic market data.

Sources

• RI Dikepung 3 Badai: Politik Memanas, Drama MSCI & Ancaman dari Fed-AS — CNBC Indonesia (Gelson Kurniawan), 11 November 2026. https://www.cnbcindonesia.com/research/20261110205029-128-784064/ri-dikepung-3-badai-politik-memanas-drama-msci-ancaman-dari-fed-as