The Jakarta Composite Index (IHSG) stayed in positive territory at the 5,090 level in early trading on Monday, 9 November 2026, while the rupiah weakened to 18,100 per US dollar. The moves were described in a CNBC Indonesia video segment featuring FX analyst Elvan Chandra Widyatama of CNC Indonesia.
Index tests a new level
The IHSG recently fell below 5,000 after heavy selling pressure. It is now testing a new level, and the analyst cited a resistance range of 5,100 to 5,200.
The index had dropped below the 5,000 mark, which the analyst described as a psychological level.
Rupiah under pressure
Market attention remains on global and domestic issues. Those same concerns are weighing on the rupiah, which traded at 18,100 per US dollar.
Related: Panin sees Jakarta index at 5,000-5,500 by end-2026 · Jakarta index rises 0.79% as foreigners net sell Rp112.47 billion
