{
  "id": 14910626,
  "title": "Indonesia stocks lower at close of trade; IDX Composite Index down 11.35%",
  "url": "https://urgent.news/2026/10/16/indonesia-stocks-lower-at-close-of-trade-idx-composite-index-down-11",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T08:30:04.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/indonesia-stocks-lower-at-close-of-trade-idx-composite-index-down-1135-4953353"
  },
  "original_language": "en",
  "account": "Indonesian stocks fell at the close of trade on Friday, with the IDX Composite Index declining 11.35% to its lowest point in five years. The Infrastructure, Financials, and Agriculture sectors contributed to the losses. Bank Of India Indonesia Tbk (JK:BSWD) emerged as the top gainer, surging 25.00% or 1,125.00 points to 5,625.00. Asuransi Bina Dana Arta Tbk (JK:ABDA) and Guna Timur Raya PT (JK:TRUK) also recorded impressive gains, rising 24.93% and 24.81%, respectively. In contrast, MNC Asia Holding Tbk PT (JK:BHIT), Graha Layar Prima Tbk (JK:BLTZ), and Pacific Strategic Financial (JK:APIC) were the worst performers, falling 15.00% each. Shares in Bank Of India Indonesia Tbk hit five-year highs, while MNC Asia Holding Tbk and Guna Timur Raya PT reached all-time lows. The December Brent oil contract declined 0.81% to $105.06, and the December Gold Futures rose 0.85% to $4,205.75. USD/IDR appreciated 0.57% to 17,997.80, and AUD/IDR increased 1.06% to 12,530.58. The US Dollar Index Futures decreased by 0.30% to 101.56.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "The Jakarta Post",
        "title": "MSCI weighs downgrading Indonesia to standalone-market status",
        "url": "https://urgent.news/2026/10/16/msci-weighs-downgrading-indonesia-to-standalone-market-status",
        "published": "2026-10-16T00:25:31.000Z"
      },
      {
        "outlet": "Financial Times",
        "title": "MSCI warns it may cut Indonesia from main indices",
        "url": "https://urgent.news/2026/10/16/msci-warns-it-may-cut-indonesia-from-main-indices",
        "published": "2026-10-16T00:44:30.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "MSCI prepares to remove Indonesia from global indexes, sparks market slide to six-year low",
        "url": "https://urgent.news/2026/10/16/msci-prepares-to-remove-indonesia-from-global-indexes-sparks-market",
        "published": "2026-10-16T03:50:00.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Indonesia stocks suffer biggest daily slump since 1998 as MSCI weighs downgrade",
        "url": "https://urgent.news/2026/10/16/indonesia-stocks-suffer-biggest-daily-slump-since-1998-as-msci-weighs",
        "published": "2026-10-16T04:17:47.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Stocks rebound after tech sell-off and Indonesia shares sink on market downgrade warning",
        "url": "https://urgent.news/2026/10/16/stocks-rebound-after-tech-sell-off-and-indonesia-shares-sink-on",
        "published": "2026-10-16T06:12:32.000Z"
      },
      {
        "outlet": "Antara News Indonesia",
        "title": "Indonesia, Timor-Leste seek broader market access, business ties",
        "url": "https://urgent.news/2026/10/16/indonesia-timor-leste-seek-broader-market-access-business-ties",
        "published": "2026-10-16T08:35:27.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}