JAKARTA, KOMPAS.com - The Acting President Director of the Indonesia\nStock Exchange (IDX), Jeffrey Hendrik, assessed that the weakening of\nthe Jakarta Composite Index (JCI) was caused by corrections occurring in\nAsian stock markets. During the domestic market holiday on Thursday and\nFriday of last week, Asian stock markets had already undergone\ncorrections. Consequently, when trading resumed at the beginning of this\nweek, the JCI adjusted its movement in line with the accumulated decline\npreviously seen in global markets.<\/p>\n
\u201cRegarding the JCI today, if we observe closely, uncertainty in our\nmarket remains quite high. However, we also see that our market was\nclosed on Thursday and Friday. During our holiday, the global market,\nparticularly the Asian market, also experienced corrections,\u201d Jeffrey\nstated when met at the IDX building on Monday (17\/5\/2026).<\/p>\n
This condition is influenced by various global sentiments that make\nmarket movements highly dynamic. Overall, the JCI correction remains in\nline with the weakening trend experienced by global markets.<\/p>\n
\u201cIf we accumulate the corrections of two days in the global and Asian\nmarkets, plus a slight additional correction in the global market today,\nit equals the correction we are experiencing today. Therefore, I believe\nit is still in line with the global market, but uncertainty in our\nmarket remains quite high,\u201d he explained.<\/p>\n
Jeffrey reminded retail investors to continue paying attention to\ncompany fundamentals and to avoid making investment decisions\nemotionally amidst volatile market conditions. Market participants\nshould continue to conduct careful analysis and adjust investment\nstrategies according to their respective risk profiles.<\/p>\n
\u201cTherefore, we will not tire of reminding investors to remain focused\non fundamentals, not to panic, to analyse carefully, and to arrange\ninvestment strategies according to their individual risk profiles, as\nmarket conditions are very dynamic and uncertainty remains high,\u201d he\nadded.<\/p>\n
Regarding foreign fund flows, Jeffrey stated that the movement of\nforeign investors entering and exiting the market is a natural\noccurrence, influenced by various global and domestic considerations.\nNevertheless, the IDX continues to strive to maintain the attractiveness\nof the Indonesian capital market to ensure long-term foreign investor\nparticipation.<\/p>\n
\u201cAs for foreign investors, they certainly enter and exit from time to\ntime based on various considerations. Naturally, we are making our best\nefforts to ensure that foreign investors continue to enter and remain in\nour market for the long term,\u201d he continued. On the other hand, Jeffrey\nnoted that the growth of domestic investors serves as a vital pillar for\nthe domestic capital market.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/idx-head-explains-causes-of-jci-decline-1780904650", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }