{
    "success": true,
    "data": {
        "id": 1747328,
        "msgid": "idx-plummets-indonesia-stock-exchange-cites-pressure-from-multiple-directions-1780897595",
        "date": "2026-05-18 21:10:27",
        "title": "IDX Plummets, Indonesia Stock Exchange Cites Pressure from Multiple Directions",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesia Stock Exchange (IDX) has experienced significant volatility, with the composite index dropping by over 4% due to heavy foreign selling. The exchange attributes this downturn to global uncertainties, including geopolitical tensions and commodity fluctuations, alongside index rebalancing by global rating agencies.",
        "content": "<p>Jakarta, CNBC Indonesia \u2014 The Indonesia Stock Exchange (IDX) assesses\nthat current global uncertainty is impacting the Indonesian stock\nmarket. The Indonesia Composite Index (IHSG) has been hit by various\nfactors triggering sell-off actions by foreign investors. During this\nmorning\u2019s trading, the IHSG saw a decline of more than 4%.<\/p>\n<p>Acting President Director of IDX, Jeffrey Hendrik, stated that this\nphenomenon in the stock market is drawing attention not only from market\nparticipants but also from the government. As a regulator, the IDX will\ncontinue to coordinate with the Financial Services Authority (OJK)\nregarding the continuous outflow of foreign funds from the domestic\nexchange.<\/p>\n<p>\u201cWe are certainly coordinating with the OJK, and we are monitoring\nthe activities of investors, particularly foreign investors,\u201d he said\nwhen met at the IDX building in Jakarta on Monday (18\/5\/2026).<\/p>\n<p>According to him, investor decisions, specifically these sell-off\nactions, are a natural response from market participants to investment\nactivities. \u201cWith the rebalancing plans being undertaken by foreign\ninvestors, this is certainly a normal activity,\u201d he added.<\/p>\n<p>Jeffrey explained that the sources of uncertainty weighing on the\nstock market are diverse, ranging from fluctuations in oil commodities\nand exchange rate volatility in various countries to the geopolitical\nuncertainties regarding the Middle East and Russia.<\/p>\n<p>\u201cTherefore, all these uncertainties will certainly have some impact\non our market movements,\u201d he added.<\/p>\n<p>On the other hand, domestic stock market pressure is also being\ninfluenced by policy adjustments from several rating agencies such as\nMSCI and FTSE. \u201cWe certainly cannot predict this downward trend. We\ncontinue to monitor the movements day by day,\u201d he said.<\/p>\n<p>Nevertheless, Jeffrey emphasised that the IDX will continue its\nefforts to improve the long-term investment climate in the capital\nmarket so that foreign investors can return to the Indonesian exchange\nas a preferred investment instrument.<\/p>\n<p>\u201cWe will ensure that the trading infrastructure operates well, and\nthat regulation and supervision are also functioning effectively,\u201d he\nconcluded.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/idx-plummets-indonesia-stock-exchange-cites-pressure-from-multiple-directions-1780897595",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}