Breaking News! JCI Plummets 4%

The Indonesia Composite Index (JCI) collapsed during trading on Wednesday (3/6/2026), dragged down by massive selling pressure that caused the index to plunge more than 4% and fall back below the 6,000 psychological level.

According to trading data as of 11:00 WIB, the JCI was recorded down 248.31 points or 4.01% to the 5,947.12 position. This weakening occurred after the index opened at the 6,207.10 level and briefly touched a high of 6,213.80.

Trading activity was notably high, with transaction values reaching Rp11.60 trillion and trading volume hitting 18.04 billion shares across 1.384 million transactions. In terms of individual stock movements, the majority of issuers were in the red; 715 stocks declined, only 61 stocks strengthened, while 183 stocks remained stagnant. This sharp correction also reduced the market capitalisation of the Indonesia Stock Exchange to approximately Rp10,429 trillion.

The JCI slump coincided with foreign capital outflows. In the previous trading session, foreign investors recorded a net sell of Rp1.39 trillion. However, domestic investors were able to absorb the foreign selling pressure, allowing the JCI to eventually close trading with a 1.1% increase.

Meanwhile, the Rupiah exchange rate weakened further during Wednesday’s trading. According to Refinitiv data, as of 11:00 WIB, the Rupiah weakened by 0.4% to the level of Rp17,925/US.Thislevelrepresentsanewall − timelowfortheRupiahagainstthegreenback.AfterbreakingthroughtheRp17, 900/US psychological level, the Rupiah is now approaching the next psychological threshold of Rp18,000/US$.

In contrast, most regional markets were in the green. The Nikkei led the gains with an increase of 2.91%, followed by Shenzhen at 2.31% and Taiwan at 2.11%.