22 October 2025, 08:58 Indonesia: IDX Dips Ahead of Bank Indonesia Rate Decision.
=Indonesia's IDX Composite fell 32 points, or 0.4%, to 8,205 in Wednesday morning trade, reversing gains from the prior two sessions amid growing geopolitical risks. A planned summit between U.S. President Donald Trump and Russian President Vladimir Putin was reportedly put on hold, while uncertainty lingered over a potential Trump-Xi Jinping meeting. Traders also adopted a cautious stance ahead of Bank Indonesia's interest rate decision later today. The central bank is expected to cut borrowing costs for the fourth straight meeting, but concerns emerged that the move may have limited impact amid slow monetary transmission and potential rupiah depreciation. Healthcare, consumer services, and non-energy minerals led losses, with major decliners including big caps like Barito Renewables Energy (-0.8%), Bank Central Asia (-1.2%), and Chandra Asri (-2.1%). Telkom Indonesia slipped 2.7% after reports of a conditional spin-off of its wholesale fiber business with subsidiary, Telkomsel.
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