Country: ID | Published: 2026-09-21
Jakarta's tape stays heavy, with the main index opening lower as telecom and poultry names slipped into the red, keeping the pressure on after last week's finance minister dismissa
Jakarta's tape stays heavy, with the main index opening lower as telecom and poultry names slipped into the red, keeping the pressure on after last week's finance minister dismissal rattled confidence in fiscal direction. The brighter spot is external backing, with Indonesia retaining access to a sizable standby financing facility, a signal that international partners still see the balance sheet as sound. Headlines remain dominated by non market items, from forest fire smoke to naval modernization and geopolitical tension abroad, so the domestic catalyst picture stays thin while investors watch whether the fiscal shakeup settles.