{
    "success": true,
    "data": {
        "id": 1698846,
        "msgid": "jci-closes-weaker-burdened-by-global-energy-supply-concerns-1777031538",
        "date": "2026-04-24 17:33:52",
        "title": "JCI Closes Weaker, Burdened by Global Energy Supply Concerns",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Finance",
        "summary": "The Jakarta Composite Index (JCI) closed down 3.38% at 7,129.49 on Friday, pressured by rising oil prices amid stalled US-Iran peace talks and disruptions in the Strait of Hormuz, alongside a downgrade in credit outlook for four major Indonesian banks by Fitch Ratings. Globally, persistent energy supply uncertainties are fuelling inflation fears, while markets await key central bank meetings and economic data releases from the US, Japan, Asia, and Europe. Domestically, the government is securing 150 million barrels of Russian crude oil to safeguard national energy stocks amid Middle East tensions, highlighting Indonesia's strategic response to international volatility.",
        "content": "<p>Regional Asian stock markets largely weakened on Friday as rising oil\nprices pressured sentiment, amid stalled peace negotiations between the\nUnited States and Iran. Jakarta (ANTARA) - The Composite Stock Price\nIndex (JCI) of the Indonesia Stock Exchange (BEI) closed weaker on\nFriday afternoon, burdened by concerns over global energy supplies. The\nJCI closed down 249.12 points or 3.38% at 7,129.49. Meanwhile, the LQ45\nindex of 45 leading stocks fell 25.12 points or 3.51% to 690.76.\n\u201cRegional Asian markets largely weakened on Friday as rising oil prices\npressured sentiment, amid stalled peace negotiations between the United\nStates (US) and Iran, as well as ongoing disruptions in the Strait of\nHormuz,\u201d said Associate Director of Research and Investment at Pilarmas\nInvestindo Sekuritas, Maximilianus Nico Demus, alias Nico, in his\nanalysis in Jakarta on Friday. From abroad, ongoing supply uncertainties\nare keeping energy prices high, thereby strengthening concerns over\nglobal inflation and growth. Meanwhile, next week, market participants\nwill await the FOMC Meeting by the Fed, which is expected to maintain\nthe benchmark interest rate at 3.53-3.75%. In addition, from the US,\nscheduled releases include consumer confidence data, housing data,\nQ1-2026 GDP, personal income, personal spending, PCE price index, and\nISM manufacturing index. Market participants will also monitor the Bank\nof Japan (BoJ) meeting next week, which is expected to keep the\nbenchmark interest rate steady at 0.75%, despite rising inflation data\nin Japan. From the Asian region, Q1-2026 GDP, inflation, and\nunemployment data will be released. The European Central Bank (ECB) and\nBank of England (BoE) are also expected to maintain their respective\nbenchmark rates at 2.15% and 3.75%. Domestically, the JCI weakened after\nFitch Ratings downgraded the credit outlook for four major banks in\nIndonesia\u2014Bank Mandiri (BMRI), Bank Rakyat Indonesia (BBRI), Bank\nCentral Asia (BBCA), and Bank Negara Indonesia (BBNI)\u2014from stable to\nnegative. On the other hand, to protect crude oil stocks amid conflicts\nin the Middle East region, the government is securing 150 million\nbarrels of Russian oil as part of the national energy strategy. Opening\nweaker, the JCI remained in negative territory until the close of the\nfirst trading session. In the second session, the JCI stayed in the red\nzone heading into the close of trading. Based on the IDX-IC Sectoral\nIndex, all eleven sectors weakened, with the non-primary consumer goods\nsector declining the most at 4.14%, followed by the infrastructure\nsector and the energy goods sector, which fell 4.03% and 3.82%\nrespectively. The stocks with the largest gains were PSDN, BNBA, BRNA,\nCTTH, and SMMT. Meanwhile, the stocks with the largest price declines\nwere AMIN, SKBM, LPPF, KRYA, and HOPE. Share trading frequency was\nrecorded at 2,685,048 transactions, with 47.12 billion shares traded\nworth Rp24.34 trillion. 83 stocks rose, 670 fell, and 62 were unchanged.\nRegional Asian stock markets this afternoon included the Nikkei index,\nwhich rose 539.77 points or 0.91% to 59,680.00, the Hang Seng index up\n62.87 points or 0.24% to 25,978.07, the Shanghai index down 13.35 points\nor 0.33% to 4,079.90, while the Straits Times index fell 21.25 points or\n0.43% to 4,922.86.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/jci-closes-weaker-burdened-by-global-energy-supply-concerns-1777031538",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}