Ajaib Sees IHSG Weakening to 5,100-5,250 Range

• Indonesia’s benchmark IHSG is forecast to weaken to 5,100-5,250 today, versus its previous close of 5,387.
• Banking margins face pressure from higher deposit costs following Bank Indonesia’s 25-basis-point Deposit Facility rate increase to 5%.
• Credit expanded 13.26% year over year in September 2026, outpacing third-party deposit growth of 8.22%.
• Global risk aversion intensified as the Nasdaq Composite fell 2.6%; Brent crude reached USD 113.17 a barrel.
• MYOR, EXCL and DSNG were recommended for gradual accumulation, with technical indicators suggesting potential near-term rebounds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Ajaib Teknologi Indonesia published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.