{
    "success": true,
    "data": {
        "id": 1746798,
        "msgid": "idx-head-responds-after-jci-plummets-by-4-today-1780904889",
        "date": "2026-05-18 17:50:21",
        "title": "IDX Head Responds After JCI Plummets by 4% Today",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "The President Director of the Indonesia Stock Exchange (IDX), Jeffrey Hendrik, has stated that the significant drop in the Jakarta Composite Index (JCI) is consistent with recent global and Asian market corrections. Despite the volatility, the IDX remains optimistic about the growth of domestic retail investors, which has now reached 27 million participants.",
        "content": "<p>The Indonesia Stock Exchange (IDX) has addressed the weakening of the\nJakarta Composite Index (JCI), which fell by more than 4% during today\u2019s\ntrading session. Acting President Director of the IDX, Jeffrey Hendrik,\nassessed that the correction in the domestic stock market remains in\nline with the pressures experienced in global and Asian markets during\nthe trading hiatus last Thursday and Friday.<\/p>\n<p>\u201cDuring the period when the JCI was on holiday, Asian markets\nunderwent corrections. When accumulating the corrections from two days\nin the global and Asian markets along with additional global pressures,\nit aligns with the global market trends seen today, albeit amidst high\nuncertainty,\u201d Jeffrey told reporters at the IDX Building in Jakarta on\nMonday (18\/05\/2026).<\/p>\n<p>Furthermore, the IDX hopes that foreign investor participation in the\nIndonesian capital market will continue to increase. This is expected to\nbe supported by the growth of domestic retail investors, which as of\nlast Wednesday, reached 27 million Single Investor Identification (SID)\nholders. According to Jeffrey, the increase in domestic investor\nparticipation is expected to deepen Indonesia\u2019s financial market. Out of\nthe 27 million capital market investors, approximately 9.7 million are\nspecifically equity investors.<\/p>\n<p>He added that monthly investor activity remains stable, with the\nnumber of active investors reaching over one million each month. This\ncondition is seen as reflecting relatively good retail investor activity\nin the domestic stock market. \u201cWe remind investors to continue\nmonitoring fundamentals and not to panic, performing careful analysis to\nmanage investment strategies according to their respective risk profiles\namidst dynamic market conditions and high uncertainty,\u201d Jeffrey\nnoted.<\/p>\n<p>It is reported that the JCI plummeted by 2.42% as of 15:48 WIB on\nMonday (18\/05\/2026). Throughout the first session, the JCI moved within\nthe range of 6,398.79\u20136,631.28 and at one point dropped by more than 4%.\nBy the end of the first session, the JCI stood at 6,470.35, down 252.97\npoints or -3.76%. A total of 715 issuers declined, 154 remained\nunchanged, and only 90 increased.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/idx-head-responds-after-jci-plummets-by-4-today-1780904889",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}