{
    "success": true,
    "data": {
        "id": 1642803,
        "msgid": "jci-corrects-foreign-funds-exit-rp-3-8-trillion-as-oil-prices-surge-1774846293",
        "date": "2026-03-30 10:42:20",
        "title": "JCI Corrects, Foreign Funds Exit Rp 3.8 Trillion as Oil Prices Surge",
        "author": "Aprillia Ika",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Finance",
        "summary": "The Composite Stock Price Index (JCI) experienced a slight correction of 0.14% last week amid a shortened trading period following the Eid al-Fitr holiday break, driven by significant foreign investor selling pressure resulting in a net outflow of Rp 3.8 trillion. Global geopolitical tensions between the US and Iran have heightened concerns over energy supply disruptions, pushing crude oil prices above $100 per barrel and contributing to market volatility. While the agriculture sector shows positive sentiment from stable Malaysian CPO prices and Indonesia's B50 biodiesel programme, the market remains in a wait-and-see mode, with JCI likely to trade sideways between 6,745 and 7,323.",
        "content": "<p>JAKARTA, KOMPAS.com - The Composite Stock Price Index (JCI) recorded\na slight correction of 0.14% last week, which only spanned three trading\ndays following the long Eid al-Fitr holiday. The relatively limited\nmovement of the index occurred amid significant selling pressure from\nforeign investors. According to the Indonesia Stock Exchange (BEI), the\nforeign fund outflow reached Rp 3.8 trillion. This condition indicates\nthat global sentiment remains the dominant factor in determining the\ndirection of the domestic stock market. Geopolitical tensions between\nthe United States and Iran, which are still in a deadlock, have also\ntriggered global concerns, particularly regarding potential disruptions\nto energy supplies in the Strait of Hormuz. This situation has driven\ncrude oil prices up to above $100 per barrel. According to analysts,\nthis increase is driven by shifts in global consumption, where countries\nlike Japan are starting to switch to coal as a more stable domestic\nenergy alternative. In the agriculture sector, positive sentiment\naccompanies Malaysian CPO prices holding steady at MYR 4,600 per tonne,\nsupported by a surge in exports and growing appeal of biofuel amid the\nrally in crude oil prices. On the domestic side, the acceleration of\nIndonesia\u2019s B50 programme serves as a strong catalyst for this sector.\nHowever, the market continues to monitor risks of declining demand from\nIndia and slowing economic data from China, which could affect the\noutlook for these commodities going forward. In addition, other\nexport-based issuers benefit from the weakening Rupiah, which enhances\ntheir competitiveness in international markets. Overall, the market is\ncurrently in a wait-and-see phase, with the main focus on developments\nin geopolitical negotiations and the direction of global energy prices.\nAs long as the deadlock between the United States and Iran has not\nreached a resolution, volatility is expected to remain high. Thus, JCI\nmovements are likely to trend sideways in the range of 6,745-7,323.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/jci-corrects-foreign-funds-exit-rp-3-8-trillion-as-oil-prices-surge-1774846293",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}