JCI Closes Lower Amid US-Iran Tensions; Three LQ45 Stocks Buck the Trend

Jakarta — The Jakarta Composite Index (JCI) slipped 0.03 per cent, or 2.31 points, to close at 8,217.76 on Friday, 20 February 2026. The marginal correction came after a session of mixed trading.

The JCI moved within a range of 8,236 to 8,328 during the session. Transaction value reached Rp 20.18 trillion, with a total of 2.79 million trades recorded.

Analysts at Phintraco Sekuritas attributed the negative sentiment to weakness across Asian bourses triggered by rising tensions between the United States and Iran. The geopolitical strain coincided with a dearth of fresh positive catalysts on the domestic front.

The non-cyclical consumer sector recorded the steepest decline at 3.40 per cent, followed by sharp falls in the transport sector of 1.06 per cent and the energy sector of 1.02 per cent.

Despite the broader downturn, the infrastructure sector managed to gain 0.92 per cent, followed by the financial sector rising 0.54 per cent and the industrial sector advancing 0.50 per cent.

According to Phintraco Sekuritas’ daily research report, several issuers posted the highest price gains among the 45 blue-chip stocks in the LQ45 index. The three top gainers were as follows:

PT XLSMART Telecom Sejahtera Tbk (EXCL) — shares surged 9.09 per cent, or 260 points, to reach 3,120.

PT Semen Indonesia (Persero) Tbk (SMGR) — shares jumped 7.34 per cent, or 210 points, to 3,070.

PT Amman Mineral Internasional Tbk (AMMN) — shares rose 2.93 per cent, closing at 7,900.