Jakarta Composite Index Rises as Global AI Disruption Fears Ease
Tech Optimism Lifts JCI as AI Disruption Fears Ease Globally
Oleh - Naura Sofia Rahmanita
Editor - Lasti Martina
26 Feb 2026
Voice of Indonesia
RRI.CO.ID, Jakarta – The Jakarta Composite Index (JCI) strengthened on Thursday morning, February 26, 2026, as concerns over Artificial Intelligence (AI) disruption eased globally, shifting investor focus toward capital expenditure in data centers and energy infrastructure.
The JCI opened higher by 29.13 points, or 0.35 percent, to 8,351.36. The blue-chip LQ45 index also rose, gaining 2.55 points, or 0.30 percent, to 845.62.
Head of Research at Kiwoom Sekuritas Indonesia, Liza Camelia Suryanata, said U.S. stocks rallied as previously pressured assets rebounded, with investors redirecting attention to infrastructure spending. “U.S. stocks experienced a rally in previously pressured assets as concerns over AI disruption eased, with focus shifting to capital expenditure in data centers and power,” she said in Jakarta on Thursday, February 26, 2026, as quoted by Antara.
Wall Street recorded solid gains for two consecutive days, led by technology stocks after Nvidia reported fourth-quarter 2025 earnings that exceeded market expectations.
Investor sentiment was further supported by agreements between Meta and AMD and partnership expansions by Anthropic, which positioned Nvidia’s performance as a key indicator alongside U.S. inflation and employment data.
Despite the rally, markets remain cautious about political risks.
In his State of the Union address, U.S. President Donald Trump reaffirmed his tariff agenda, even after the Supreme Court limited some of his executive authority.
The U.S. has already imposed a 10 percent global import tariff, with the option to raise it to 15 percent. “Uncertainty regarding the implementation and scope of tariffs, as well as policy directions toward Iran and nuclear negotiations in Geneva, remain sources of geopolitical risk and global energy volatility,” Liza added.
Domestically, Indonesia is seeking opportunities in the shifting trade environment. A new tariff agreement with the United States is expected to accelerate cooperation in critical minerals and remove certain export restrictions.
At the same time, the Indonesian Ministry of Energy and Mineral Resources (ESDM) is holding bilateral talks with India’s Ministry of Steel to explore investment in refining facilities. The initiative supports Indonesia’s downstreaming program while helping India reduce reliance on Chinese raw materials for its semiconductor and electric vehicle industries.
Global markets showed mixed performance between Wednesday and Thursday.
On Wall Street, the Nasdaq Composite rose 1.26 percent to 23,152.08, while the S&P 500 gained 0.81 percent to 6,946.13 and the Dow Jones Industrial Average climbed 0.63 percent to 49,482.15.
European markets also advanced, with the FTSE 100 up 1.18 percent, the Euro Stoxx 50 rising 0.91 percent, Germany’s DAX gaining 0.76 percent, and France’s CAC increasing 0.47 percent.
In Asia, results were more volatile. Japan’s Nikkei rose 0.45 percent to 58,848.00, while China’s Shanghai Composite fell 0.33 percent to 4,133.69 and Hong Kong’s Hang Seng Index dropped 0.46 percent to 26,643.50. Singapore’s Straits Times Index also declined, slipping 0.22 percent to 4,997.05. ***