{
    "success": true,
    "data": {
        "id": 1994587,
        "msgid": "idx-falls-alone-among-other-exchanges-analysts-explain-1790063790",
        "date": "2026-09-22 14:21:41",
        "title": "IDX Falls Alone Among Other Exchanges, Analysts Explain",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesia Composite Index (IHSG) dropped by over 1% during Tuesday's morning session, underperforming compared to other major Asian markets. The decline was driven by weakness in the energy, real estate, and utilities sectors, alongside a weakening Rupiah and global economic uncertainty.",
        "content": "<p>The Indonesia Composite Index (IHSG) fell by more than 1% during the\nfirst session of trading on Tuesday (22\/09\/2026). The IHSG plummeted by\n71.16 points, or 1.11%, to the level of 6,313.57. Notably, the IHSG\ntrended weaker compared to other regional exchanges, such as the NIKKEI,\nwhich rose by 1.38%, the HSI, which rose by 0.13%, and the Shanghai\nComposite, which rose by 0.10%.<\/p>\n<p>The IHSG\u2019s performance this afternoon was weighed down by the energy\nsector, which slumped by 3.07%, followed by the real estate sector, down\n1.5%, and the utilities sector, which fell by 1.2%.<\/p>\n<p>Lukman Leong, a currency analyst at DOO Financial Futures, stated\nthat today\u2019s decline in the IHSG, which was significantly sharper than\nother Asian markets, was caused by unfavourable domestic and global\nsentiments. \u201cThe IHSG is indeed underperforming compared to other Asian\nexchanges today,\u201d he told CNBC Indonesia on Tuesday.<\/p>\n<p>In addition to the IHSG\u2019s decline\u2014driven by investors weighing risks\nand awaiting the decision from Bank Indonesia\u2019s Board of Governors\nMeeting, the weakening Rupiah, and high oil prices\u2014investors are also\nengaging in selling activities regarding big-cap stocks, particularly in\nthe energy and banking sectors.<\/p>\n<p>\u201cGlobal sentiment is also not yet supportive after the Fed maintained\na hawkish stance, while the 10-year US Treasury yield remains near 5%\nand the Rupiah continues to weaken,\u201d he added.<\/p>\n<p>On the other hand, regional exchanges received relatively strong\nsupport from a rally in technology and semiconductor stocks following a\nreturn of optimism regarding AI. \u201cThis AI trend does not provide much\nsupport to the IHSG because exposure to technology and semiconductor\nstocks in Indonesia is relatively small,\u201d he explained.<\/p>\n<p>Similarly, Herditya, an analyst at MNC Sekuritas, noted that the IHSG\nis currently in a downward trend. This is compounded by the escalation\nof the Russia-Ukraine geopolitical conflict, as well as market scrutiny\nregarding developments between the US and Iran.<\/p>\n<p>\u201cThe Rupiah exchange rate is observed to still be weakening against\nthe USD, currently at Rp 17,897\/USD,\u201d he concluded.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/idx-falls-alone-among-other-exchanges-analysts-explain-1790063790",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}