{
    "success": true,
    "data": {
        "id": 1674416,
        "msgid": "jci-closes-higher-driven-by-gains-in-energy-sector-stocks-1776077471",
        "date": "2026-04-13 17:27:50",
        "title": "JCI Closes Higher Driven by Gains in Energy Sector Stocks",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "The Jakarta Composite Index (JCI) closed up 0.56% at 7,500.19 on Monday, propelled by rises in energy sector stocks, despite an initial dip due to escalating US-Iran tensions and rising crude oil prices. Domestic retail sales surged 6.5% year-on-year in February, the fastest since March 2024, boosted by Ramadan spending, while President Prabowo Subianto's visit to Russia aims to secure oil supplies amid Middle East conflicts. This performance signals potential for the index to test 7,600 if it holds above 7,500, highlighting resilience in Indonesia's market.",
        "content": "<p>Jakarta (ANTARA) - The Composite Stock Price Index (JCI) of the\nIndonesia Stock Exchange (IDX) closed higher on Monday afternoon, driven\nby gains in energy sector stocks.<\/p>\n<p>The JCI closed up 41.69 points or 0.56 percent at 7,500.19.\nMeanwhile, the LQ45 index of 45 leading stocks fell 0.11 points or 0.01\npercent to 746.36.<\/p>\n<p>\u201cIf the JCI can hold above the 7,500 level, it is expected to have\nthe potential to test the 7,600 level,\u201d said Head of Research at\nPhintraco Sekuritas, Ratna Lim, in her analysis in Jakarta on\nMonday.<\/p>\n<p>Previously, the JCI opened lower due to the renewed rise in crude oil\nprices after negotiations between the United States (US) and Iran failed\nto reach an agreement, and US President Donald Trump announced that the\nUS Navy would blockade the Strait of Hormuz.<\/p>\n<p>However, towards the end of trading session I and during trading\nsession II, the JCI reversed to positive territory, driven by gains in\nenergy, basic materials, and industrial sector stocks, although the\nfinancial sector weakened.<\/p>\n<p>From domestic economic data, retail sales grew 6.5 percent\nyear-on-year (yoy) in February 2026 from 5.7 percent (yoy) in January\n2026, or the fastest since March 2024, driven by increased public\nspending during Ramadan and ahead of Eid al-Fitr.<\/p>\n<p>Meanwhile, President Prabowo Subianto visited Russia to meet with\nRussian President Vladimir Putin, among other things to discuss the\ncontinuation of cooperation between the two countries, including\nstrengthening oil supplies to Indonesia amid conflicts in the Middle\nEast region.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/jci-closes-higher-driven-by-gains-in-energy-sector-stocks-1776077471",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}