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IDX:BBRI 22 October 2025

Shocking Rate Decision in Indonesia Sparks Market Jitters and Forecast Frenzy

Shocking Rate Decision in Indonesia Sparks Market Jitters and Forecast Frenzy

Indonesia’s central bank unexpectedly kept its benchmark rate at 4.75% in October, defying forecasts for a cut. Jakarta’s main stock index fell 1% and major bank shares dropped after the decision, while the rupiah strengthened slightly. Governor Perry Warjiyo cited low inflation and currency stability as reasons for the pause. Twenty-one out of 28 economists in a Reuters poll had predicted a rate cut.
22 October 2025
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Stock Market Today

  • Apotex Shares Surge After C$1.3 Billion IPO Launch
    June 10, 2026, 11:34 AM EDT. Apotex shares jumped 17% above the offering price as trading commenced, following a C$1.3 billion initial public offering (IPO), marking the largest in Canada in recent years. The stock later tempered gains slightly. This strong debut highlights significant investor interest in Apotex, a key player in the pharmaceutical sector.

Latest articles

Dow Drops After CPI Surprise, Iran Concerns Keep Fed Outlook Uncertain

Dow Drops After CPI Surprise, Iran Concerns Keep Fed Outlook Uncertain

10 June 2026
Dow drops 0.55% to 50,592 after May CPI jumps 4.2% year-on-year, matching forecasts but fueled by a 7% surge in gasoline prices and rising energy costs, as renewed U.S.-Iran tensions and sharp losses in AI and industrial stocks add to investor caution, with Super Micro Computer plunging 14.2% on $7 billion equity plans and XPO, J.B. Hunt, Old Dominion falling up to 6.2% after Amazon expands freight service.
S&P 500 Swings After Hot CPI, AI Names Under Pressure

S&P 500 Swings After Hot CPI, AI Names Under Pressure

10 June 2026
May inflation jumped 4.2%—the fastest pace since April 2023—matching forecasts but keeping the Fed on hold, as energy prices fueled the rise; S&P 500 and Nasdaq steadied after early losses, but AI-linked stocks slid, with Super Micro Computer tumbling on a $7 billion share sale plan that risks diluting investors.
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