IDX Dips to 8,092: Asian Markets Mixed, Outlook Uncertain

The Jakarta Composite Index (IHSG) concluded Tuesday, October 28th’s trading session with a decline. The benchmark index fell by 24.52 points, representing a 0.30 percent drop, to close at 8,092.63.

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Market breadth during the session showed a mixed sentiment, with 341 stocks advancing, 309 weakening, and 159 remaining unchanged. The total trading volume reached a substantial 30.21 billion shares, generating a transaction value of Rp 19.80 trillion across 2,308,774 transactions. The overall market capitalization was recorded at Rp 14,858.44 trillion.

Mirroring the downward trend of the broader market, the LQ45 index also registered a decrease, shedding 3.54 points or 0.42 percent to settle at 833.99.

Across the broader Asian markets, performance was largely subdued this afternoon:

The Nikkei 225 in Japan experienced a dip, falling by 293.10 points, or 0.58 percent, to 50,219.20.

Hong Kong’s Hang Seng Index (HSI) also weakened, declining by 87.56 points, or 0.33 percent, to 26,346.14.

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The Shanghai Composite Index (SSEC) in China saw a modest decline of 8.72 points, or 0.22 percent, closing at 3,988.22.

Conversely, Singapore’s Straits Times Index (STI) managed to buck the trend, rising by 10.06 points, or 0.23 percent, to reach 4,450.36.

Summary

The Jakarta Composite Index (IHSG) concluded Tuesday, October 28th’s trading session with a decline, falling by 24.52 points or 0.30 percent to close at 8,092.63. Market breadth showed a mixed sentiment, though the LQ45 index mirrored the broader market’s downward trend, shedding 0.42 percent.

Performance across broader Asian markets was largely subdued, with most major indices registering declines. Japan’s Nikkei 225, Hong Kong’s Hang Seng Index, and China’s Shanghai Composite Index all experienced dips. Conversely, Singapore’s Straits Times Index bucked the trend, managing a modest gain of 0.23 percent.

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