The Indonesia Composite Index (JCI) plummeted 3.03% to the level of\n6,008.69 in this morning\u2019s trading, Wednesday (3\/6\/2026). A total of 633\nstocks weakened, 93 stocks strengthened, and 233 stocks remained\nstagnant. Transaction frequency reached 1.075 million times, with a\ntrading volume of 12.77 billion shares valued at Rp 8.80 trillion.<\/p>\n
At the start of trading, the JCI surged 11.67 points or 0.19% to a\nposition of 6,207. Transaction value at the opening was recorded at Rp\n256 billion with a volume of 241 million shares and a frequency of\n33,000 transactions. During this period, 229 stocks were recorded as\nstrengthening, 74 weakening, and 309 remaining stagnant. However, a few\nminutes after the market became active, the JCI reversed direction and\ndropped sharply, correcting by 0.92% to the 6,136 level. Conglomerate\nstocks remained the most actively traded today.<\/p>\n
Various domestic and international sentiments are weighing on the JCI\nand the Rupiah. After both strengthened during Tuesday\u2019s trading, the\nIndonesian financial market is being tested again today. Data from the\nS&P Global Purchasing Managers\u2019 Index (PMI) released on Tuesday\n(2\/6\/2026) showed Indonesia\u2019s PMI stood at 50.0 in May 2026. This figure\nrepresents an improvement after the PMI recorded a contraction in April\n2026 (49.1). This increase was driven by improving domestic demand, with\nnew orders growing for the second consecutive month at the fastest pace\nsince February.<\/p>\n
However, export market performance remains a weak point. Overseas\norders have declined for the third consecutive month, marking the\ndeepest decline since August 2021, due to ongoing trade disruptions\ncaused by conflicts in the Middle East. The Central Bureau of Statistics\n(BPS) also announced that Indonesia\u2019s trade balance in April 2026\nrecorded a surplus of US$ 90 million. This surplus shrank compared to\nthe March 2026 record of US$ 3.32 billion. This surplus was driven by an\nexport value of US$ 25.30 billion against an import value of US$ 25.21\nbillion, marking the 72nd consecutive month of surplus since May\n2020.<\/p>\n
Furthermore, BPS reported inflation in May 2026 at 0.28%\nmonth-to-month (mtm). Calendar year inflation reached 1.35%, while\nannual inflation stood at 3.08%. The inflationary pressure recorded in\nthe Consumer Price Index (CPI) for that month was higher than the April\n2026 condition, which saw inflation of 0.13% mtm.<\/p>\n
Another key sentiment involves the volume of approved but undisbursed\nbank financing (undisbursed loans) to the business sector, which reached\nRp 2,527 trillion as of March 2026. This condition serves as a signal\nthat some business players are still withholding their expansions. This\nmorning, the Rupiah exchange rate continued to weaken, with the Rupiah\nagainst the US Dollar touching the Rp 17,900 mark.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/dollar-hits-rp-17-900-as-jci-plummets-3-03-1780855109", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }