JCI Breaks Through 7,500 at Close, Energy Sector Surges Amid Escalating US-Iran Conflict
Jakarta, VIVA - The Composite Stock Price Index (JCI) successfully broke through the level anticipated by the market. The JCI strengthened by 0.56 per cent or 41.69 points to reach 7,500 at the close of trading today, Monday, 13 April 2026.
Based on observations by VIVA on Stockbit, the JCI moved sideways in the second trading session. In the morning session, the index briefly dropped to 7,358.
“The JCI opened weaker due to the renewed rise in crude oil prices after the US-Iran negotiations failed to reach an agreement and President Trump announced that the US Navy would blockade the Strait of Hormuz,” stated the Phintraco Sekuritas Analysis Team in its daily research on Monday, 14 April 2026.
The daily transaction value was recorded at Rp20.44 trillion, while the transaction volume reached 425.08 million shares. This figure is the accumulation of total buying and selling carried out by investors, amounting to 2.56 million transactions.
The Phintraco Sekuritas Analysis Team also noted that the failure of the negotiations and the US blockade of the Strait of Hormuz have dampened hopes of ending the conflict in the Middle East. This situation is rapid and has the potential to increase geopolitical tensions and trigger a global energy shock.
“However, the JCI turned positive, driven by gains in energy, basic materials, and cyclical stocks, despite weakness in the financial sector,” continued the Phintraco Sekuritas analysts.
The energy sector recorded the highest increase of 2.64 per cent. In contrast, the financial sector corrected by 1.31 per cent, and the healthcare sector declined by 0.23 per cent.
The raw materials sector strengthened by 2.36 per cent, the cyclical consumer sector rose 2.30 per cent, and the industrial sector increased by 1.84 per cent. The non-cyclical consumer sector followed with a 1.27 per cent surge, the technology sector jumped 1.14 per cent, the infrastructure sector rose 0.96 per cent, and the property sector edged up 0.19 per cent.
From a technical perspective, the MACD indicator continues to form a positive histogram. However, the Stochastic RSI is in the overbought area.
Several issuers recorded drastic price jumps (top gainers) among blue-chip stocks, including:
Barito Pacific Tbk (BRPT)
BRPT shares led the gains by 14.36 per cent or 275 points, closing at 2,190.
PT Medco Energi Internasional Tbk (MEDC)
MEDC shares followed with a strengthening of 6.11 per cent or 95 points to 1,650.
PT Elang Mahkota Teknologi Tbk (EMTK)
EMTK shares rose 5.71 per cent or 50 points to 925.