JAKARTA, KOMPAS.com \u2013 The Composite Stock Price Index (JCI) rose\nslightly in trading on Thursday (23\/4\/2026). According to data from the\nIndonesia Stock Exchange (IDX) around 09:08 WIB, the JCI increased by\n6.25 points or 0.08% to the level of 7,547.86.<\/p>\n
The JCI opened at the level of 7,564.42, up from the previous close\nof 7,541.61. Throughout the session, the index moved within a range of\n7,540.57 as the lowest level and 7,582.50 as the highest level.<\/p>\n
Meanwhile, other indices also recorded varied movements. The LQ45\nrose 0.19 points or 0.03% to 736.16, while the Jakarta Islamic Index\n(JII) strengthened by 0.18 points or 0.03% to 515.31.<\/p>\n
From the trading activity perspective, the market was observed to be\nquite active. Trading volume reached 4.722 billion shares with a\ntransaction value of Rp1.71 trillion. Trading frequency was recorded at\n286,100 times.<\/p>\n
Market capitalisation was recorded at the level of Rp13,479 trillion,\nreflecting the solid value of the domestic stock market amid\nfluctuations.<\/p>\n
Analysts predict that the JCI today will move limited amid global and\ndomestic sentiments still overshadowing the domestic market.<\/p>\n
According to them, market participants are still monitoring external\ndevelopments, particularly regarding the extension of the ceasefire\nbetween the United States (US) and Iran, which is seen as a factor\nrestraining the direction of market movements in the short term.<\/p>\n
\u201cFor tomorrow (Thursday), we predict the JCI movement will still tend\nto be volatile with support at 7,525 and resistance at 7,570. We predict\nthat investors will still monitor the ceasefire extension by the US,\u201d\nsaid Herditya when contacted by Kompas.com on Wednesday night\n(22\/4\/2026).<\/p>\n
In agreement, Phintraco Sekuritas assessed that the indefinite\nextension of the ceasefire between the United States and Iran becomes an\nambiguous sentiment.<\/p>\n
In addition, the potential prolonged closure of the Strait of Hormuz\nrisks keeping crude oil prices high for a longer period.<\/p>\n
Technically, the JCI has not been able to break through the MA5 at\nthe level of 7,591, in line with the positive MACD histogram movement\nthat continues to shrink, and the stochastic RSI indicator in the\noverbought area.<\/p>\n
\u201cTherefore, we predict the JCI has the potential to consolidate in\nthe range of 7,500-7,600 in Thursday\u2019s trading (23\/4\/2026),\u201d stated\nPhintraco Sekuritas.<\/p>\n
This policy is considered consistent in maintaining the stability of\nthe rupiah exchange rate, which is still facing pressure due to global\nuncertainties.<\/p>\n
On the other hand, credit growth shows improvement, with a\nrealisation of 9.49% year-on-year (YoY) in March 2026, up from 9.37% in\nFebruary 2026.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/jci-opens-up-0-08-to-7-547-level-this-morning-1776916406", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }