05.02.202603:28:53UTC+00Indonesia Equities Subdued Before Q4 GDP Release

Indonesian equities experienced a slight dip in early Thursday trading, stabilizing around 8,136 after experiencing gains over the previous two sessions. This decline in market sentiment is attributed to caution ahead of the release of Q4 GDP data later today. Many anticipate a further slowdown in growth, largely due to the ongoing impacts from last year’s Sumatra disaster. Additionally, investors are closely monitoring reports indicating that negotiations on a reciprocal tariff agreement with the U.S. have reached a settlement, pending official signing. The spotlight also remains on capital market reform initiatives, following a recent sell-off driven by transparency concerns highlighted by an international index provider, which has made investors more selective, especially among smaller-cap stocks. In the U.S., stocks largely closed lower overnight, weighed down by a continued sell-off in the tech sector and disappointing January employment figures, contributing to the cautious sentiment across Asia. Among the largest decliners were second-tier stocks, with MD Entertainment dropping 14.9%, alongside Martina Berto (-13.1%), Leyand International (-10.4%), and Soho Global Health (-8.2%).