Indonesia’s Composite Stock Price Index, or IHSG, opened lower on Wednesday, 28 October 2026, falling 17.06 points, or 0.32 percent, to 5,249.07.
In early trading the index moved between an intraday low of 5,242.20 and a high of 5,255.67. Trading volume stood at 8.48 million lots, with transaction value reaching 269.86 billion rupiah.
Fed decision awaited
Investors are watching for the Federal Reserve’s rate decision, due Wednesday US time, which falls on Thursday, 29 October, at 01.00 WIB in Indonesia, with a press conference to follow at 01.30 WIB. Market consensus points to the policy rate holding in a range of 3.75 to 4.00 percent. The Fed had raised rates by 25 basis points in September 2026. Remarks from Fed Chair Kevin Warsh are awaited.
Weak demand at bond auction
The auction of government securities, or SUN, held on 27 October 2026 drew total incoming bids of 31.09 trillion rupiah, a decline of 52.1 percent from the previous auction and the lowest level since November 2024. The government absorbed 20.65 trillion rupiah, short of its indicative target of 30 trillion rupiah.
The weighted average yield on winning bids for roughly 10-year tenors came to 7.54 percent, up 30 basis points over two weeks and approximately 147 basis points higher than at the start of 2026.
China profit data
Elsewhere, Chinese industrial profits rose 15.5 percent year-on-year in the first nine months of 2026, reaching 6.03 trillion yuan, following growth of 15.7 percent year-on-year in the January-August period.
Related: IHSG opens 0.18% higher at 5,397.34 on Friday session
Source: Federal Reserve
