JCI closes 0.80% lower on Friday at 5,057.05

Jakarta (ANTARA) – The Indonesia Stock Exchange’s Composite Stock Price Index (JCI) fell 41.01 points, or 0.80%, to close at 5,057.05 on Friday.

The LQ45 index, which tracks 45 leading shares, declined 0.05% to 515.01.

“The JCI fell as low as 4,979 before reversing course and closing above the psychological 5,000 level,” Phintraco Sekuritas Head of Research Ratna Lim said in her analysis in Jakarta on Friday.

Overseas, the Bank of Japan (BOJ) kept its benchmark interest rate at 1.25% at its October meeting on Friday (30 October), in line with market expectations.

The decision followed two rate increases by the BOJ, in June and September, each by 25 basis points (bps).

Next week, investors will focus on the United States midterm elections on 3 November.

In Indonesia, economic indicators due for release next week include the manufacturing purchasing managers’ index (PMI), the trade balance, inflation, third-quarter 2026 economic growth, foreign exchange reserves and the house price index.

Technically, Phintraco expects the JCI to test the 4,900–5,000 level.

If it manages to hold above 5,000, the index could move sideways within a range of 5,000–5,200 next week.

According to the IDX-IC sectoral indices, two sectors gained while the other nine fell.

Healthcare rose 0.76%, followed by financials, up 0.15%.

Transport fell the most, losing 3.13%, followed by basic materials, down 2.84%, and infrastructure, which declined 1.96%.

Share trading totalled 1.17 million transactions, involving 36.48 billion shares worth Rp11.42 trillion.

A total of 194 shares rose, 552 fell and 217 were unchanged.