JCI Opens Monday Session I Up 0.26% at 6,109
The Jakarta Composite Index (JCI) began trading on Monday (12 October 2026) in positive territory. It opened at 6,109.32, up 15.56 points, or 0.26%. It continued to rise shortly after the opening, reaching 6,125.98 at 09:00 WIB, up 32.22 points, or 0.53%.
Trading volume stood at 8.12 million lots, with transactions worth Rp172.45 billion.
Global and Indonesian financial markets are set to be influenced this week by several key events and economic data releases from China and the United States.
The International Monetary Fund’s meeting in Bangkok, Thailand, is one of the main events to watch. A number of senior officials will attend and deliver speeches, including Federal Reserve Chair Kevin Warsh.
Wednesday will be particularly significant, with US and Chinese inflation figures and China’s trade balance due to be released.
Domestic sentiment is relatively quiet, although there are concerns that the political climate could heat up ahead of the second anniversary of the Prabowo-Gibran administration.
Asian stock markets opened mixed on Monday (12 October 2026), as investors monitored developments in the Middle East conflict and the outlook for the third-quarter 2026 earnings season.
South Korea’s Kospi fell 1.34%, while Australia’s S&P/ASX 200 rose 0.61%. Japan’s stock market was closed for a public holiday.
Concerns about energy prices have risen again after US President Donald Trump told reporters over the weekend that he was considering joining Saudi Arabia in fighting the Houthi group in Yemen, which is backed by Tehran. The remarks came after another deadly attack at Riyadh International Airport, fuelling concern over escalating tensions in the Middle East.
Amid the geopolitical uncertainty, investors hope the third-quarter 2026 earnings season will help keep stock markets on an upward course. Corporate performance is generally expected to remain solid, with the S&P 500 forecast to post earnings growth of 29.6% for the quarter, according to FactSet’s John Butters.
If realised, this would mark the fourth consecutive quarter in which the S&P 500 has recorded earnings growth of more than 25%. The performance has been supported by strong data-centre construction to meet the needs of artificial intelligence (AI) development.
Even so, investors are expected to pay closer attention to company management’s comments on business prospects than to reported earnings alone. Uncertainty remains over how companies and their customers will cope with rising fuel and borrowing costs.
Brent crude futures were last trading above US$104 a barrel, while the yield on 10-year US government bonds breached its highest level since 2002 last week. Higher energy and borrowing costs could squeeze corporate profit margins and affect consumers’ purchasing power.