Jakarta, CNBC Indonesia \u2013 The Jakarta Composite Index (JCI) remained\nin negative territory midway through the second trading session on\nThursday (8 October 2026). At 1.37pm WIB, the index stood at 6,083.68,\ndown 63.04 points or 1.03%. Trading volume totalled 413.83 million lots,\nwith transactions worth Rp6,424.65 billion.<\/p>\n
The JCI had opened higher at 6,154.97 at around 9am and briefly\ntouched its intraday high of 6,179.09 between 9am and 9.30am. Selling\npressure then emerged, dragging the index sharply down towards 6,100\nbefore 10am. At around 10am, the JCI staged a limited rebound to between\n6,120 and 6,130, but the recovery did not last.<\/p>\n
From 11am, the index resumed its gradual decline, trading between\n6,090 and 6,110. Towards the end of the session, the JCI briefly edged\nabove 6,100 before falling sharply in the final minutes to its intraday\nlow of 6,079.46.<\/p>\n
Market sentiment on Thursday (8 October 2026) is expected to be\nshaped by developments in Indonesia\u2019s external resilience and the\ndirection of global monetary policy. Indonesia\u2019s foreign exchange\nreserves edged down yesterday, although reserve adequacy remained above\ninternational standards; data on the country\u2019s base money was also\nreleased.<\/p>\n
Attention today is turning to the minutes of the Federal Open Market\nCommittee (FOMC) meeting, released early this morning, as well as\nIndonesia\u2019s consumer confidence report.<\/p>\n
A hawkish Federal Reserve outlook, a surge in the dollar index and\nelevated US Treasury yields are likely to put pressure on equities and\nthe rupiah.<\/p>\n
Minutes from the European Central Bank and US jobless claims will be\namong the next data points assessed for their implications for\ninterest-rate prospects, exchange rates and risk assets.<\/p>\n
US Treasury yields fell on Wednesday after a nearly US$40 billion\nauction of 10-year notes attracted strong demand. The decline followed a\nrise in yields to levels not seen since 2002.<\/p>\n
The yield on the 10-year US Treasury note, an important benchmark for\nequity markets, briefly reached 5.365% in Wednesday\u2019s trading. That was\nits highest level since April 2002.<\/p>\n
Yields on longer-dated bonds also rose. The 30-year Treasury yield\nbriefly touched 5.732%, before falling again on strong demand at the\nauction.<\/p>\n
The US Treasury Department auctioned US$39 billion of 10-year notes\nat a yield of 5.300%, the highest level this century. Strong demand\nsubsequently helped bring the yield down to about 5.27%. According to\nBloomberg, bids totalled 2.77 times the amount on offer.<\/p>\n
Indirect investors, including central banks and institutional\ninvestors, accounted for 80.34% of demand. Direct bidders took 17.12%,\nindicating strong appetite for the securities.<\/p>\n
The 30-year Treasury yield also fell to around 5.65%, in line with\nrobust demand for US government debt.<\/p>\n
Rising Treasury yields are a concern for Indonesia because they can\nincrease pressure on emerging-market assets.<\/p>\n
Meanwhile, Asian stock markets weakened on Thursday (8 October 2026),\nas rising bond yields dampened investor appetite for equities.<\/p>\n
Japan\u2019s Nikkei 225 fell 0.4%, South Korea\u2019s Kospi lost 0.35%, and\nAustralia\u2019s S&P\/ASX 200 slipped 0.4%.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/breaking-jci-falls-1-03-to-6-083-1791449895", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }