Indonesia's IHSG closes 3.49% lower as BCA drops 6.35%
The benchmark ended near its daily low after an early advance faded. Transactions were worth Rp10.13 trillion.
Indonesia's IHSG ended trading on 29 October 2026 at 5,098.06, a decline of 184.26 points, or 3.49 per cent, according to CNBC Indonesia. Selling pressure reversed an initial rise and left the index near its lowest level of the day.
PT Bank Central Asia Tbk. (BBCA) contributed to the decline, with its shares losing 6.35 per cent to Rp4,940. The bank's market capitalisation was Rp602.8 trillion. Other stocks pulling the index lower included ASII, BBRI, TLKM and BMRI.
Utilities fell 5.99 per cent, while education services dropped 4.60 per cent and basic materials shed 4.02 per cent. Turnover amounted to 217.69 million lots, with transactions valued at Rp10.13 trillion.
The index began the session slightly higher at 5,305.20 and reached around 5,320 before retreating sharply ahead of 10am Western Indonesian Time. It traded between 5,125 and 5,175 during the afternoon, with selling continuing. An attempted recovery towards the close gave way to another fall in the final minutes.
Stocks that helped cushion the losses included DSSA, TPIA, CMRY, TMAS and BINA.
