JCI Closes Session I Up 0.36% at Level 6,484
The Indonesia Composite Index (JCI) was recorded to have strengthened during trading on Wednesday (16/09/2026). The JCI stood at the 6,484.10 level, an increase of 22.94 points or 0.36% compared to its previous position of approximately 6,461.15 at the close of the first session this afternoon.
The movement of the JCI throughout today’s trading was quite dynamic. The index opened at the 6,453.91 level, then briefly moved down to touch a low of 6,445.24. Subsequently, the JCI reversed to strengthen and reached a high of 6,535.46, before finally moving back to the 6,480 range in mid-trading.
The JCI experienced a sharp increase after being around the 6,450 level. The index then rose to break through the 6,500 level and continued its strengthening towards a peak of 6,535.46. However, after reaching that level, the JCI underwent a correction and moved relatively fluctuated within the 6,490-6,510 range before weakening again towards midday.
In terms of stock movement, 316 stocks were recorded to have strengthened, while 285 stocks weakened and 362 others remained unchanged.
Quoting Stockbit, stock market transaction activity was also observed with a trading volume reaching 136.23 million lots, a transaction value of Rp6.24 trillion, and a trading frequency of approximately 1.03 million times at the time of data collection. Regular trading volume was recorded at 125.77 million lots, with a transaction value reaching Rp5.69 trillion and a frequency of around 1.03 million times.
Meanwhile, transactions in the negotiation market were recorded at 10.46 million lots with a value of Rp551.02 billion, with a transaction frequency of 252 times. Cash market transactions were relatively small, at 36 lots with a value of Rp15.56 million and a frequency of 2 times.
The JCI’s reversal to strengthen occurred amidst investor attention to global market developments, particularly ahead of the US Federal Reserve’s interest rate decision, as well as fluctuations in global oil prices. Brent crude oil prices closed up nearly 3% to US$108.75 per barrel, while WTI strengthened by more than 4% to US$105.83 per barrel. This increase was triggered by energy supply concerns due to conflicts in the Middle East, including disruptions to Saudi Arabian oil distribution routes.
The surge in energy prices has also heightened inflation concerns and driven up global bond yields. The US 10-year Treasury yield briefly breached 5.041%, the highest since 2007, before closing at 4.966%.
Investors are also awaiting the Federal Reserve’s decision on Thursday (17/09/2026) at 01:00 WIB. The market expects an interest rate hike of 25 basis points to the range of 3.75%-4.00%, with a 92.4% probability according to the CME FedWatch tool. Market attention is now focused on signals regarding future interest rate policies.