Jakarta. Jakarta Composite Index (JCI) opened in the green on Tuesday at 8,201, up 32 points or 0.39 percent within a range of 8,200–8,224.

Market activity reached 2.6 billion shares worth Rp 2.2 trillion ( $132 million) across 200,000 transactions. Among listed stocks, 258 advanced, 211 fell, and 170 remained unchanged.

The upbeat start comes after the World Bank raised its Indonesia 2025 growth forecast to 4.8 percent year-on-year (YoY), up from the previous 4.7 percent, while maintaining its 2026 projection at 4.8 percent YoY.

Meanwhile, Indonesia’s foreign exchange reserves fell to $148.7 billion in September, down from $150.7 billion in August, marking the lowest level since July 2024. Phintraco Sekuritas noted the decline was due to government debt repayments and rupiah stabilization policies. “Reserves can still cover 6.2 months of imports, above the international standard of three months,” the firm said.

Investors are eyeing September’s Consumer Confidence Index, expected to rise to 120 from 117.2 in August, alongside domestic motorcycle sales data.

Overseas, Wall Street paused after a seven-day rally. The S&P 500 dipped 0.4 percent, the Dow Jones fell 91 points (0.2 percent), and the Nasdaq dropped 0.7 percent. Tesla shares fell 4.4 percent after unveiling cheaper models, offsetting gains from the previous session, while Advanced Micro Devices rose 3.8 percent on AI-related chip demand from OpenAI. Analysts warn that rapid AI-driven speculation may be inflating market valuations.

In Asia, Japan’s Nikkei opened higher at 47,925 (+43 points, 0.09 percent), while Hong Kong’s Hang Seng slipped 57 points (0.21 percent) to 26,900. South Korea and China remain closed for national holidays.