JCI Closes 1.1 Percent Higher at 6,108, Major Bank Stocks and AMMN Main Drivers
Jakarta, VIVA – The Indonesian Composite Index (IHSG) ended Thursday’s trading, 16 July 2026, in positive territory. Although the index moved into negative ground early in the session due to pressure from shares in PT DCI Indonesia Tbk (DCII), it eventually closed higher thanks to gains in a number of large-capitalisation stocks.
According to data from the Indonesia Stock Exchange (IDX), the IHSG closed up 66.24 points, or 1.1 per cent, at 6,108.21.
The gain indicated that positive sentiment once again dominated the market after the index fluctuated throughout the session.
Hundreds of Shares Rise
The IHSG’s movement was supported by a majority of shares finishing in positive territory.
The tally was as follows:
385 shares advanced
254 shares declined
326 shares were unchanged
Trading activity was fairly busy, with total transaction value reaching Rp13.22 trillion.
Those transactions involved 26.23 billion shares traded across 2.27 million trades.
The IDX’s market capitalisation at the close of trading stood at Rp10,659 trillion.
AMMN, BMRI, ASII and BBRI Prop Up the IHSG
From the opening bell, the IHSG’s gains were driven chiefly by rises in several large-capitalisation shares.
Among the listed companies acting as the index’s engines were:
PT Amman Mineral Internasional Tbk (AMMN)
PT Bank Mandiri (Persero) Tbk (BMRI)
PT Astra International Tbk (ASII)
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI)
The performance of these shares helped keep the IHSG on a positive track until the close of trading.
Contributions from banking and mining sector shares served as the main supports amid lingering selling pressure on a number of other listed companies.
DCII Briefly Dragged the IHSG into the Red
On the other hand, the IHSG’s movement was temporarily held back by weakness in shares of PT DCI Indonesia Tbk (DCII).
Although the stock’s transaction value was relatively small, the fall in DCII’s price at one point shaved around 15 points off the IHSG, making it the largest negative contributor throughout the session.
Indeed, within roughly the first 30 minutes of trading, DCII’s decline briefly pushed the IHSG into negative territory.
During the session, DCII shares fell to as low as 183,900, down about 7.4 per cent from the previous close.
However, towards the end of trading the pressure began to ease. DCII shares managed to narrow their losses to around 0.44 per cent, reducing the drag on the IHSG’s movement and allowing the index to strengthen through to the close.