RRI.CO.ID, Jakarta - Asian markets ended mixed on Monday, 11 May 2026, with modest gains in some regions. Indonesia’s stock index (IHSG) opened lower at 6,959.
The Indonesian Rupiah fell to 17,370 per US Dollar. Rising global oil prices and a steady US Dollar Index are edging it toward 17,400.
Investors are eyeing the upcoming Morgan Stanley Capital International (MSCI) index review. The market awaits any changes to Indonesia’s stock weighting.
Economic challenges are weighing on sentiment. Manufacturing contracted, fiscal deficits widened, and geopolitical tensions escalated.
Positive signs come from Indonesia’s Gross Domestic Product (GDP). Growth rose to 5.61%, potentially boosting investor confidence.
Tensions in the Middle East continue to unsettle markets. Israel warned Iran that the conflict is not over, while Iran rejected US peace proposals.
Gold prices dipped to $4,683 per troy ounce amid uncertainty. Still, prices remain above $4,500, supported by strong fundamentals.
Writer: Gunawan Benjamin (Economist, Islamic University of North Sumatra)
News Recomendation
Loading latest news.....