{
    "success": true,
    "data": {
        "id": 2049621,
        "msgid": "jci-opens-1-51-lower-on-thursday-at-5-247-1792641093",
        "date": "2026-10-22 09:57:20",
        "title": "JCI Opens 1.51% Lower on Thursday at 5,247",
        "author": "",
        "source": "VIVA",
        "tags": "bisnis",
        "topic": "Finance",
        "summary": "Indonesia\u2019s Jakarta Composite Index (JCI) fell sharply at Thursday\u2019s open, extending losses to as much as 2.51% as most shares declined. Market jitters over a possible downgrade by MSCI and continued foreign selling weighed on sentiment, although analysts said a technical rebound remained possible if the index held above 5,200.",
        "content": "<p>Indonesia\u2019s stock market slumped again at the opening of trading on\nThursday, 22 October 2026.<\/p>\n<p>The Jakarta Composite Index (JCI) on the Indonesia Stock Exchange\n(IDX) opened down 80.38 points, or 1.51%, at 5,247.98 at 9am local time.\nThe LQ45 index, which tracks 45 leading shares, also dropped 10.46\npoints, or 1.95%, to 525.30.<\/p>\n<p>On Wednesday, the JCI had rebounded by 0.94% to 5,328.36, but the\ngains proved short-lived.<\/p>\n<p>IDX data as of 9.01am showed selling pressure intensifying. The JCI\nbriefly touched 5,185.52 and was recorded down 2.51%, or 133.86 points,\nat 5,194.49.<\/p>\n<p>A total of 517 shares fell, 54 rose and 108 were unchanged.\nTransaction value reached Rp1.99 trillion, involving 4.06 billion\nshares. Market capitalisation fell to Rp9,197 trillion.<\/p>\n<p>Big-cap stocks were among the main drags. PT Ekamas Mora Republik\n(MORA) fell 5.35% to Rp3,010, Chandra Asri (TPIA) dropped 4.85% to\nRp1,275, Petrindo (CUAN) lost 4.95%, and AMMN declined 3.74%.<\/p>\n<p><strong>Two suspected reasons behind the decline<\/strong><\/p>\n<p><strong>MSCI concerns linger<\/strong><\/p>\n<p>MSCI has opened a public consultation on downgrading Indonesia\u2019s\ncapital market from Emerging Market to Standalone Market, two tiers\nbelow its current status. It has set a deadline ahead of its November\n2026 review, raising concerns among foreign investors.<\/p>\n<p><strong>Foreign investors continue to sell<\/strong><\/p>\n<p>Despite Wednesday\u2019s gains, foreign investors recorded net sales of\nRp528 billion. The most heavily sold shares were BMRI, ANTM, TLKM, BBRI\nand AADI.<\/p>\n<p>BNI Sekuritas analyst Fanny Suherman said the JCI was expected to\nmove sideways with a downward bias, with support at 5,150\u20135,200 and\nresistance at 5,400\u20135,480.<\/p>\n<p>BRI Danareksa said bearish pressure had not yet eased, as the MACD\nindicator remained in negative territory.<\/p>\n<p>Nevertheless, a technical rebound could be possible if the JCI\nmanaged to hold above the psychological support level of 5,200.\nInvestors were advised to remain cautious and avoid FOMO.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/jci-opens-1-51-lower-on-thursday-at-5-247-1792641093",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}