Breaking: JCI Falls 1.03% to 6,083
Jakarta, CNBC Indonesia – The Jakarta Composite Index (JCI) remained in negative territory midway through the second trading session on Thursday (8 October 2026). At 1.37pm WIB, the index stood at 6,083.68, down 63.04 points or 1.03%. Trading volume totalled 413.83 million lots, with transactions worth Rp6,424.65 billion.
The JCI had opened higher at 6,154.97 at around 9am and briefly touched its intraday high of 6,179.09 between 9am and 9.30am. Selling pressure then emerged, dragging the index sharply down towards 6,100 before 10am. At around 10am, the JCI staged a limited rebound to between 6,120 and 6,130, but the recovery did not last.
From 11am, the index resumed its gradual decline, trading between 6,090 and 6,110. Towards the end of the session, the JCI briefly edged above 6,100 before falling sharply in the final minutes to its intraday low of 6,079.46.
Market sentiment on Thursday (8 October 2026) is expected to be shaped by developments in Indonesia’s external resilience and the direction of global monetary policy. Indonesia’s foreign exchange reserves edged down yesterday, although reserve adequacy remained above international standards; data on the country’s base money was also released.
Attention today is turning to the minutes of the Federal Open Market Committee (FOMC) meeting, released early this morning, as well as Indonesia’s consumer confidence report.
A hawkish Federal Reserve outlook, a surge in the dollar index and elevated US Treasury yields are likely to put pressure on equities and the rupiah.
Minutes from the European Central Bank and US jobless claims will be among the next data points assessed for their implications for interest-rate prospects, exchange rates and risk assets.
US Treasury yields fell on Wednesday after a nearly US$40 billion auction of 10-year notes attracted strong demand. The decline followed a rise in yields to levels not seen since 2002.
The yield on the 10-year US Treasury note, an important benchmark for equity markets, briefly reached 5.365% in Wednesday’s trading. That was its highest level since April 2002.
Yields on longer-dated bonds also rose. The 30-year Treasury yield briefly touched 5.732%, before falling again on strong demand at the auction.
The US Treasury Department auctioned US$39 billion of 10-year notes at a yield of 5.300%, the highest level this century. Strong demand subsequently helped bring the yield down to about 5.27%. According to Bloomberg, bids totalled 2.77 times the amount on offer.
Indirect investors, including central banks and institutional investors, accounted for 80.34% of demand. Direct bidders took 17.12%, indicating strong appetite for the securities.
The 30-year Treasury yield also fell to around 5.65%, in line with robust demand for US government debt.
Rising Treasury yields are a concern for Indonesia because they can increase pressure on emerging-market assets.
Meanwhile, Asian stock markets weakened on Thursday (8 October 2026), as rising bond yields dampened investor appetite for equities.
Japan’s Nikkei 225 fell 0.4%, South Korea’s Kospi lost 0.35%, and Australia’s S&P/ASX 200 slipped 0.4%.