Stock Markets November 10, 2026 03:30 AM

Jakarta market finishes higher as infrastructure, financials and agriculture drive gains

IDX Composite closes up 1.06% with select small-caps posting large moves; oil falls while gold ticks up

By Avery Klein
Share
Twitter Reddit Facebook LinkedIn
TAXI

Indonesia's benchmark index closed higher as strength in infrastructure, financials and agriculture stocks pushed the IDX Composite up 1.06%. Small-cap names led the session's winners, while a handful of shares hit 52-week extremes. International commodities moved notably, with crude and Brent oil slipping and December gold futures advancing.

Jakarta market finishes higher as infrastructure, financials and agriculture drive gains
TAXI
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • IDX Composite closed up 1.06% driven by gains in Infrastructure, Financials and Agriculture sectors.
  • Large percentage moves among small-cap stocks: AKKU (+34.69%), HELI (+27.17%) and PTSP (+24.89%) led winners; TRUE (-10.00%) and FLMC (-9.84%) were among the biggest decliners.
  • Crude and Brent oil fell notably while December gold futures rose modestly; USD/IDR strengthened and AUD/IDR weakened.

The Jakarta market ended Tuesday with broad gains, led by strength in Infrastructure, Financials and Agriculture names that helped lift the IDX Composite Index.

At the close in Jakarta, the IDX Composite Index was up 1.06%.

Among individual movers, the session's top performers included:

  • Anugerah Kagum Karya Utama Tbk PT (AKKU) - rose 34.69% or 17.00 points to finish at 66.00.
  • Jaya Trishindo Tbk PT (HELI) - added 27.17% or 47.00 points to close at 220.00.
  • Pioneerindo Gourmet International (PTSP) - gained 24.89% or 550.00 points to end the session at 2,760.00.

The stocks with the largest declines were:

  • Express Transindo Utama Tbk (TAXI) - unchanged at 10.00 (0.00% or 0.00 points).
  • Triniti Dinamik PT Tbk (TRUE) - fell 10.00% or 2.00 points to 18.00.
  • Falmaco Nonwoven Industri PT Tbk (FLMC) - down 9.84% or 19.00 points to 174.00.

On the Jakarta Stock Exchange, advancing issues outnumbered decliners by 443 to 218, while 173 stocks finished unchanged.

Two companies recorded 52-week extremes during the session: Triniti Dinamik (TRUE) dropped to a 52-week low after sliding 10.00% to 18.00, while Pioneerindo Gourmet International (PTSP) climbed to a 52-week high following a 24.89% gain to 2,760.00.


Commodities trading showed notable moves. Crude oil for December delivery fell 2.66% or 2.31 to trade at $84.54 a barrel. Brent oil for January delivery declined 2.54% or 2.35 to $90.22 a barrel. By contrast, the December Gold Futures contract rose 0.31% or 12.76 to $4,127.26 a troy ounce.

In foreign exchange, USD/IDR strengthened by 0.20% to 18,065.90, while AUD/IDR weakened 0.17% to 12,494.21. The US Dollar Index Futures was down 0.12% at 101.41.


Market breadth and the session's largest individual swings underscored active trading in smaller-cap names, while commodity price moves - particularly in crude and Brent - provided an external backdrop to local equity flows.

Risks

  • High single-session volatility in small-cap names may indicate elevated equity-specific risk for investors focused on individual stocks - impacts sectors with concentrated small-cap representation such as niche manufacturing and services.
  • Commodity price declines in crude and Brent present downside risk to energy-linked earnings and sentiment for related sectors given the observed drops in oil prices.
  • Currency moves - notably a stronger USD/IDR - can affect import costs, corporate FX exposures and investor flows into Indonesian equities.

More from Stock Markets

Morgan Stanley Lowers Rating and Target for flatexDEGIRO After Slower Customer Momentum Nov 10, 2026 Nvidia CEO Jensen Huang’s personal scandal prompts mixed reactions in Taiwan Nov 10, 2026 Playtech lifts full-year EBITDA target; shares jump on stronger-than-expected trading Nov 10, 2026 Ab Dynamics shares fall after FY 2026 results reveal broad revenue and profit decline Nov 10, 2026 Playtech Raises 2026 EBITDA View as Americas Momentum Sends Shares Higher Nov 10, 2026