Latest from RobotFX: important news impacting currency trading.
Indonesian shares fell 42 points, or 0.6%, to 7,323 in Friday trade, extending their decline for a third straight session amid broad-based weakness led by industrial, transport, and infrastructure stocks. Sentiment was pressured by overnight losses on Wall Street, while fading hopes for a resolution to the U.S.–Israel conflict involving Iran kept oil prices elevated and reinforced inflation concerns.
At the same time, Washington opened new investigations into alleged unfair trade practices linked to excess industrial capacity and forced labor, heightening the risk of additional tariffs on key partners including China, the EU, India, and Japan. Even so, the downside was partly limited by robust seasonal domestic activity ahead of the Eid holiday period.
Separately, the government signaled that Q1 2026 economic growth could reach 6%, underpinned by solid household consumption. Among notable decliners were Merdeka Copper Gold (-3.3%), Indofood (-3.0%), Bank Mandiri (-1.8%), and Sarana Menara Nusantara (-1.7%). For the week, the market is on track for a third consecutive loss, down about 3.7% so far.
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