JCI Closes Down 18 Points Amid Uncertainty Over US-Iran Ceasefire
Jakarta - The Composite Stock Price Index (JCI) failed to emerge from negative territory by the end of trading today. The JCI declined 0.26 per cent or 18.40 points to the level of 6,971.03 at market close on Tuesday, 7 April 2026.
Analysts from Phintraco Sekuritas stated that the JCI moved fluctuantly amid geopolitical uncertainty in the Middle East ahead of the deadline set by United States President Donald Trump for Iran to reopen the shipping lane in the Strait of Hormuz. Uncertainty regarding whether a ceasefire between the US and Iran would occur also acted as a negative factor.
“Nevertheless, there was some bargain hunting on several stocks considered to have corrected too deeply,” said the Phintraco Sekuritas analyst, quoted from their daily research on Tuesday, 7 April 2026.
The transaction value was recorded at Rp 13.44 trillion with a transaction volume of 25.33 billion shares. The number of trades conducted by investors totalled 1.72 million.
Stocks in the industrials sector experienced the largest weakening, at 2.63 per cent. The non-cyclical consumer and technology sectors also corrected significantly, by 0.99 per cent and 0.96 per cent, respectively.
Meanwhile, infrastructure sector stocks led the gains at 0.76 per cent. The financial sector rose 0.64 per cent, and the energy sector climbed 0.20 per cent.
“Technically, the Stochastic RSI indicator is approaching the overbought area, but the positive MACD histogram formation continues,” said the Phintraco Sekuritas analyst.
Domestically, sentiment stemmed from the Indonesia Stock Exchange’s (BEI) efforts to improve trading infrastructure to enhance transaction quality in the Indonesian capital market. BEI is optimistic that the evaluation of the trading system with the Full Call Auction (FCA) scheme can be completed in the second quarter of 2026.
Several blue-chip emitters in the LQ45 index managed to record price jumps as the JCI eroded. Here are the three top gainers in the LQ45:
Barito Pacific Tbk (BRPT)
BRPT shares strengthened 8.55 per cent or 115 points to 1,460.
PT Barito Renewables Energy Tbk (BREN)
BREN shares rose 6.65 per cent or 290 points to the level of 4,650.
PT AKR Corporindo Tbk (AKRA)
AKRA shares increased 5.66 per cent or 75 points and closed in the 1,400 area.