The Jakarta Composite Index, at the end of trading on Monday (25/10), weakened 18.04 points (0.27%) to 6,625.70

Chief Economist of Bahana TCW Investment Management Budi Hikmat, said Indonesia's trade balance surplus could boost the economy and foreign investors' confidence.

Bank Indonesia announced that economic liquidity or money supply in a broad sense (M2) in September 2021 grew by 8% YoY or to Rp7,287.3 trillion, compared to the previous month's growth of 6.9% (YoY).

Jakarta - The Jakarta Composite Index in the first trading session, Monday (25/10), rose 12.08 points (0.18%) to 6,655.82.

The exchange rate of the rupiah has the opportunity to weaken in line with the statement of Fed Chair Jerome Powell at the end of last week that the Fed is still on the path of reducing stimulus.

The gold price on Monday (25/10) has the opportunity to strengthen in line with market players' concerns about rising global inflation triggered by rising energy prices.

PT Bukit Asam (Persero) Tbk, as of the third quarter of 2021, posted a profit for the period attributable to owners of Rp4.76 trillion, an increase of 175.92% from the same period the previous year of Rp1.72 trillion.

PT Bank Negara Indonesia Tbk, as of the third quarter of 2021, posted a net profit for the year attributable to owners of Rp7.74 trillion or grew 79.34% compared to the same period the previous year of Rp4.31 trillion.

PT PPA  obtained a funding facility of US$75 million from PT Bank KB Bukopin Tbk (BBKP).

Global negative sentiment triggered the Jakarta Composite Index (JCI) correction at the opening of trading Monday (25/10) by 17.37 points.

PT Ace Oldfields Tbk will conduct an Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX) on Monday (25/10).

PT Sarana Meditama Metropolitan Tbk (SAME) is targeting to raise funds from additional capital without pre-emptive rights of Rp757.12 billion.