印尼雅加达综合指数 (JCI) 加自选

印尼议会预算委员会周四批准了2026年政府预算的财政赤字预测为GDP的2.68%，高于总统普拉博沃·苏比安托8月份提出的2.48%的初步提议。委员会主席赛义德·阿卜杜拉表示，政府总支出已批准为3842.7万亿印尼盾（2330亿美元），比最初的提案高出56.2万亿印尼盾。与此同时，政府收入目标保持不变，为3153.6万亿印尼盾。因此，预算融资目标已从638.8万亿印尼盾上调至689.1万亿印尼盾，以适应增加的支出。预算委员会的决定预计将在稍后的议会全体投票中获得批准。

Indonesia’s parliamentary budget committee on Thursday approved a fiscal deficit forecast of 2.68% of GDP for the 2026 government budget, higher than the initial proposal of 2.48% presented by President Prabowo Subianto in August. Committee Chairperson Said Abdullah stated that total government spending has been approved at IDR 3,842.7 trillion (USD 233 billion), which is IDR 56.2 trillion higher than the initial proposal. Meanwhile, the government revenue target remains unchanged at IDR 3,153.6 trillion. As a result, the budget financing target has been revised upward from IDR 638.8 trillion to IDR 689.1 trillion to accommodate the increased spending. The budget committee's decision is expected to be ratified in a full parliamentary vote at a later date.

印尼央行意外降息后，市场预计将进一步宽松。几位经济学家周四表示，他们预计印尼央行在本周意外降息后将采取更激进的宽松政策，许多人指出，印尼央行行长决心促进东南亚最大经济体的增长。

Market expecting more easing after surprise Indonesia central bank cut.Several economists said on Thursday that they expected more aggressive easing by Indonesia's central bank after this week's surprise rate cut, with many noting the governor's determination to boost growth in Southeast Asia's biggest economy.

周四，印尼盾兑美元汇率下跌约16500，此前央行出人意料地将关键利率下调25个基点至4.75%。这是自2024年9月以来的第六次降息，将借贷成本降低了150个基点，降至2022年底以来的最低水平。印尼央行行长Perry Warjiyo周三表示，董事会将继续评估进一步削减的范围，同时平衡货币稳定和经济增长。由于对国内财政的担忧、8月下旬以来两周的抗议活动以及上周财政部长斯里·穆利亚尼·英德拉瓦蒂突然被解职，印尼盾兑美元汇率今年下跌了约2%。在实施“负担分担”计划以帮助为政府支出提供资金后，央行的独立性也仍然存在问题。在全球范围内，美元指数保持在97以上，延续了美联储普遍预期的25个基点降息后的反弹，政策制定者表示今年将再降息两次，但2026年只有一次。

The Indonesian rupiah weakened around 16,500 per dollar on Thursday after the central bank unexpectedly slashed its key rates by 25bps to 4.75%. It was the sixth reduction since September 2024, lowering borrowing costs by a total of 150bps to the lowest level since late 2022. Bank Indonesia (BI) Governor Perry Warjiyo said Wednesday the board will continue to assess the scope for more cuts while balancing currency stability and economic growth. The rupiah has fallen about 2% against the US dollar this year, weighed by concerns over domestic finances, two weeks of protests since late August, and last week’s sudden dismissal of finance minister Sri Mulyani Indrawati. Questions also remain over the central bank’s independence following a “burden sharing” program to help fund government spending. Globally, the dollar index held above 97, extending a rebound after the Federal Reserve’s widely expected 25bps cut, with policymakers flagging two more reductions this year but just one in 2026.

周四早盘，IDX综合指数上涨18点，涨幅0.2%，至8043点，连续第七个交易日上涨，创下历史新高。印尼央行周三降息25个基点，这是自去年9月以来的第六次降息。美联储决定将联邦基金利率下调25个基点，以及年底前再下调50个基点的信号，进一步提振了市场情绪。新宣布的2025年第四季度至明年的经济刺激计划价值16.23万亿印尼盾（9.893亿美元），旨在促进经济增长，也有助于提振市场情绪。然而，隔夜华尔街涨跌互现，纳斯达克指数和标准普尔500指数均收跌。科技、制造业和公用事业板块领涨。表现最好的是艾朗·皇（+4.9%）、马亚帕德银行（3.3%）、XL Axiata（+1.5%）、Jasa Marga（+1.1%）和BRI（+0.7%）。

The IDX Composite rose 18 points, or 0.2%, to 8,043 in morning trade on Thursday, gaining for the seventh consecutive session and hitting a record high. The upturn was supported by a 25 bps interest rate cut by Bank Indonesia on Wednesday—the sixth rate cut since September last year. Sentiment was further boosted by the US Federal Reserve’s decision to cut the federal funds rate by 25 bps, along with signals of an additional 50 bps in cuts before year-end. A newly announced economic stimulus package worth IDR 16.23 trillion (USD 989.3 million) for Q4 2025 and into next year, aimed at boosting economic growth, also contributed to positive market sentiment. However, gains were capped by a mixed session on Wall Street overnight, with the Nasdaq and S&P 500 both closing in the red. The tech, manufacturing, and utilities sectors led the advance. Among the top performers were Elang Mahkota (+4.9%), Bank Mayapada (3.3%), XL Axiata (+1.5%), Jasa Marga (+1.1%), and BRI (+0.7%).