{
    "success": true,
    "data": {
        "id": 2051385,
        "msgid": "jakarta-composite-index-opens-0-18-higher-at-5-397-1792723872",
        "date": "2026-10-23 09:03:19",
        "title": "Jakarta Composite Index Opens 0.18% Higher at 5,397",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "The Jakarta Composite Index (JCI) opened 0.18% higher at 5,397.34, although early gains narrowed as trading began. Investors were watching domestic policy and banking developments, the Indonesian central bank\u2019s money-supply data and a forthcoming change to the index\u2019s calculation, alongside Wall Street losses and rising Japanese inflation.",
        "content": "<p>The Jakarta Composite Index (JCI) opened higher at the start of\ntrading today, at 5,397.34, up 9.43 points or 0.18%.<\/p>\n<p>At the same time, at 09:00 Western Indonesian Time (WIB) during the\nfirst trading session, the index briefly reached a high of 5,405.88, a\ngain of 0.33%. Its low was 5,387.61. After the opening, the rise\nnarrowed and the JCI moved around 5,394.13.<\/p>\n<p>Trading volume stood at 13.83 million lots, with transactions valued\nat Rp322.92 billion. The index remained highly volatile early in the\nsession and could change as trading progressed.<\/p>\n<p>On Friday, the market was set to monitor several domestic\ndevelopments, particularly government policy, conditions in the banking\nindustry and economic liquidity.<\/p>\n<p>The sharp fall on Wall Street was also in focus as a global market\nsentiment.<\/p>\n<p>Domestically, attention was on President Prabowo Subianto\u2019s remarks\non natural resource management and plans to streamline state-owned\nenterprises (SOEs).<\/p>\n<p>Other points of interest included bank credit growth reaching its\nhighest level in a decade, expectations of increased new lending towards\nyear-end, and a government programme to broaden access to bank\naccounts.<\/p>\n<p>Market participants were also awaiting Bank Indonesia\u2019s (BI)\nSeptember 2026 money-supply data, following a slowdown in growth for two\nconsecutive months.<\/p>\n<p>The Indonesia Stock Exchange\u2019s (IDX) change to the JCI calculation\nwas another focus for investors. From 2 November 2026, shares classified\nas having High Shareholding Concentration (HSC) will no longer be\nincluded in the index.<\/p>\n<p>According to an IDX disclosure, the policy is intended to make the\nindex better reflect market dynamics. Previously, only shares listed on\nthe Acceleration Board were excluded from the JCI calculation.<\/p>\n<p>Global factors included the release of Japan\u2019s September inflation\ndata, due on Friday morning.<\/p>\n<p>Japan\u2019s annual inflation rose to 2.1% in September 2026, from 1.9% in\neach of the previous two months. It was the highest rate since December\n2025 and marked a renewed rise in core inflation above the Bank of\nJapan\u2019s (BOJ) target.<\/p>\n<p>According to data from the Statistics Bureau of Japan, core\ninflation\u2014which excludes fresh food prices but includes energy\u2014reached\n2.1% year on year. This was up from 1.7% in August and the highest level\nin nine months. The result was also in line with market\nexpectations.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/jakarta-composite-index-opens-0-18-higher-at-5-397-1792723872",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}