FX.co ★ Indonesia Stocks Hit 4-Week Low

The IDX Composite index experienced a decline of 132 points, or 1.6%, falling to 7,993 in early trading on Friday. This downturn mirrored a negative session on Wall Street the previous night, driven by concerns about bad loans at U.S. regional banks, ongoing U.S.-China trade tensions, and the prolonged U.S. government shutdown. The index relinquished previous session gains, reaching its lowest point since September 16, with all sectors, particularly technology stocks, seeing declines. Domestically, market sentiment was dampened by newly released foreign direct investment (FDI) data, indicating the most significant quarterly drop in over five years for the third quarter of 2025. Investors are also paying close attention to an upcoming central bank policy meeting scheduled for the following week. Among the stocks that performed poorly were Elang Mahkota, which fell by 5.1%, XL Axiata, which dropped 4.0%, Gudang Garam, down by 3.1%, Kalbe Farma, decreased by 2.5%, and Unilever Indonesia, which also saw a 2.5% decline.