Jakarta, CNBC Indonesia \u2013 The Jakarta Composite Index (JCI) ended\nFriday\u2019s first trading session in positive territory on 23 October 2026.\nIt stood at 5,446.74, up 58.84 points, or 1.09%.<\/p>\n
The JCI had been rising since opening at 5,397.34. Although the index\ncame under pressure and touched an intraday low of 5,366.29 in the\nminutes after the market opened, it briefly climbed to around 5,450\nshortly before 10am Western Indonesian Time.<\/p>\n
During the session, the JCI also retreated to around 5,400 before\nregaining ground and reaching an intraday high of 5,452.77.<\/p>\n
Trading volume totalled 208.68 million lots, with transactions worth\nRp7,286.21 billion, or around Rp7.29 trillion.<\/p>\n
On Friday, the market continued to monitor several domestic\ndevelopments, particularly government policy, conditions in the banking\nindustry and economic liquidity. The sharp fall on Wall Street was also\nin focus as a global market sentiment.<\/p>\n
Domestically, attention was on President Prabowo Subianto\u2019s remarks\non natural resource management and plans to streamline state-owned\nenterprises (SOEs).<\/p>\n
Other areas of focus included bank credit growth reaching its highest\nlevel in a decade, expectations of an increase in new lending towards\nthe end of the year, and a government programme to expand access to bank\naccounts.<\/p>\n
Market participants were also awaiting Bank Indonesia\u2019s (BI)\nSeptember 2026 broad money data, following a slowdown in growth for two\nconsecutive months.<\/p>\n
Investors were also watching the Indonesia Stock Exchange\u2019s (IDX)\nchange to the JCI\u2019s calculation rules. From 2 November 2026, shares\nclassified as having High Shareholding Concentration (HSC) will no\nlonger be included in the index.<\/p>\n
According to an IDX disclosure, the policy is intended to make the\nindex better reflect market dynamics. Previously, only shares on the\nAcceleration Board were excluded from the JCI calculation.<\/p>\n
Global sentiment also included the release of Japan\u2019s September\ninflation data, announced on Friday morning.<\/p>\n
Japan\u2019s annual inflation rose to 2.1% in September 2026, from 1.9% in\neach of the previous two months. This was the highest rate since\nDecember 2025 and marked a return of core inflation to above the Bank of\nJapan\u2019s (BOJ) target.<\/p>\n
According to data from Japan\u2019s Statistics Bureau, core inflation,\nwhich excludes fresh food but includes energy, reached 2.1% year on\nyear. That was up from 1.7% in August and the highest in nine months.\nThe result was also in line with market expectations.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/jci-ends-first-session-up-1-09-at-5-446-1792734645", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }