FX.co ★ Indonesian Shares Steady Despite Weekly Loss Risk

Indonesian stocks remained relatively stable, hovering around the 8,377 mark on Friday afternoon. This followed a slight increase in the morning trading session as market participants exercised caution, anticipating significant economic data releases after the U.S. government resumed operations following its record shutdown. Investors are also focusing on Bank Indonesia's upcoming monetary policy meeting next week and the publication of third-quarter current account data. Among the notable gainers were Dian Swastatika Sentosa with a 3.2% increase, Pantai Indah Kapuk Dua rising by 3.9%, and Aneka Tambang up by 3.8%. Conversely, the session's laggards included Kalbe Farma, which fell by 3.5%, Alamtri Minerals with a 3.3% decline, and Archi Indonesia down by 3.0%. Over the week, the market is projected to post modest declines of approximately 0.2%, primarily due to concerns over export disruptions following reports of radioactive contamination in shrimp and clove exports to the U.S. In addition, local media coverage highlighted the reluctance of domestic lenders to finance exploration energy projects, which is hindering investment in the development of new wells and impeding long-term production growth.