Investment in Indonesia's Market Projected to Launch in a Favorable Condition

The technology giant NVIDIA reported earnings that increased from the same period last year and beat estimates after the markets closed. This positive news followed a trend of growth in the global financial markets, as the Dow, NASDAQ, and S&P 500 all ended at record highs on Wednesday, climbing 147.16 points, 45.87 points, and 15.46 points respectively.

Crude oil also surged, with West Texas Intermediate crude for October delivery up $0.83 or 1.33 percent at $64.08 per barrel. This upward trend in oil prices could potentially boost the oil and technology sectors in the global forecast for Asian markets, suggesting mild upside.

However, the European markets were mixed, and the U.S. bourses were slightly higher. In Indonesia, the stock market has moved higher in two of three trading days since its two-day slide, with the Jakarta Composite Index currently sitting just above the 7,935-point plateau. The JCI finished modestly higher on Wednesday, adding 30.42 points or 0.38 percent.

Among the actives on the JCI, Bank Mandiri, Bank Danamon Indonesia, Bank Negara Indonesia, Bank Central Asia, Bank Rakyat Indonesia, Indocement, Semen Indonesia, Indofood Sukses Makmur, United Tractors, Astra International, Energi Mega Persada, Astra Agro Lestari, Aneka Tambang, Vale Indonesia, Timah, Bumi Resources, Bank CIMB Niaga, Indosat Ooredoo Hutchison, and others showed varying performances.

Traders are reluctant to make big moves ahead of Friday's Commerce Department report on personal income and spending for July. Meanwhile, CME Group's FedWatch Tool is currently indicating an 87.2 percent chance the Fed will lower rates by a quarter point at its next monetary policy meeting in September. The report includes the Federal Reserve's preferred readings on consumer price inflation.

There are no specific details about which Indonesian publicly listed companies fell the most on Tuesday or the exact reasons for such declines on that day. However, general market pressure may be linked to currency weakening and global bond market concerns affecting Indonesia as indicated by Rupiah depreciation and bond yield movements around early September 2025.