IDX Composite closes higher as Astra leads 16-point rebound
Published on 10/28/2026 at 13:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSLate rebound and Fed focus
- IDX Composite ended at 5,282 points on October 28, up 16 points or 0.31 percent.
- Big-cap gains helped recover from the session low of 5,167 points.
- KOPI led gainers with a 26.2 percent rise, while RCCC fell 9.9 percent.
- The Federal Reserve decision is due October 29, 2026, at 1:00 a.m. WIB.
The IDX Composite closed at 5,282 points on October 28, 2026, up 16 points or 0.31 percent. The index recovered after falling to 5,167 points during the session, according to Tempo.
Astra International led large-cap gains with a 7.99 percent rise, while Bank Central Asia added 7.65 percent. The advances helped the benchmark reverse an early decline, Bisnis.com reported.
Why did the IDX Composite rebound?
The index opened at 5,249 points and stayed below its previous close during the first session. It moved into positive territory in the second session and finished at the session high, Tempo reported.
Investor.id said Phintraco Securities linked the market pressure to high oil prices, a weaker rupiah and concern about MSCI rebalancing. The rupiah ended at 18,183 per USD, down 0.17 percent, while the 10-year government bond yield moved above 7.5 percent.
Winners and losers in the IDX Composite
Stock moves at the close, based on IDX data reported by Databoks:
- Mitra Energi Persada up 26.2 percent.
- Koka Indonesia up 22.1 percent.
- Panca Budi Idaman up 13.3 percent.
- Utama Radar Cahaya down 9.9 percent.
- Estee Gold Feet down 9.8 percent.
- Agro Bahari Nusantara down 9.5 percent.
Only the financial, transportation and health sectors gained. Infrastructure fell 2.13 percent, while energy declined 1.33 percent. Market breadth stayed negative, with 281 stocks higher and 429 lower, Kompas.com reported.
What is next for the IDX Composite?
The next major market event is the Federal Reserve decision. The Federal Open Market Committee is scheduled to announce its policy decision on October 29, 2026, at 1:00 a.m. WIB, with the market expecting the 3.75 percent to 4.00 percent target range to remain unchanged, CNBC Indonesia reported.
IDX Composite price data for October 28, 2026
The IDX Composite closed at 5,282 points on October 28, 2026, up 16 points or 0.31 percent from the previous close of 5,266 points, Kompas.com reported. It opened at 5,249 points and traded between 5,167 points and 5,282 points.
IDX Composite by the numbers on October 28, 2026
- Index: IDX Composite
- Home exchange: Indonesia Stock Exchange, Indonesia
- Close on October 28, 2026: 5,282 points
- Change versus previous close of October 27, 2026: up 16 points (up 0.31 percent)
- Previous close: 5,266 points
- Open: 5,249 points
- Day high / day low: 5,282 points / 5,167 points
- Top gainer: Mitra Energi Persada up 26.2 percent
- Top loser: Utama Radar Cahaya down 9.9 percent
- Next scheduled event: October 29, 2026, 1:00 a.m. WIB: Federal Reserve decision
