The US debt ceiling issue not only had a negative impact on the performance of Indonesian stocks but also on its currency. After having appreciated at the end of last week, the rupiah fell against the US dollar on Monday (30/09).

| Source: Bank Indonesia

Similarly, Asian stock indices experienced a sell off as investors are concerned about the US debt ceiling discussions. China's index, however, was able to rise, supported by the higher HSBC manufacturing PMI and by consumer and technology stocks ahead of the national holiday.