Indonesian Political, Business & Finance News

JCI Closes Up 0.56% at 7,500, Energy Sector Leads the Charge

| | Source: KOMPAS Translated from Indonesian | Finance
JCI Closes Up 0.56% at 7,500, Energy Sector Leads the Charge
Image: KOMPAS

JAKARTA – The Composite Stock Price Index (JCI) closed stronger at the 7,500 level during trading on Monday (13/4/2026). Based on data from the Indonesia Stock Exchange (BEI), the JCI rose 41.69 points or 0.56% to 7,500.19. On the other hand, the LQ45 index experienced a slight correction of 0.016% to 746.36, indicating ongoing pressure on certain large-cap stocks. Overall, the majority of stocks moved positively, with 397 stocks rising, 264 declining, and 156 unchanged. The JCI’s strengthening was mainly supported by commodity-based sectors. The energy sector recorded the highest gain of 2.64%, followed by the basic materials sector which rose 2.36%. This performance shows that commodity-based stocks remain the main pillar of the market, in line with global sentiments tending to boost energy and raw material prices. In addition, the cyclical consumer goods sector also posted a significant increase of 2.30%, indicating continued optimism towards domestic consumption. The weakening of this sector is noteworthy given its role as a primary driver of the JCI. Corrections in banking stocks typically reflect a more cautious market stance. Furthermore, the healthcare sector fell 0.23% and the transportation sector weakened slightly by 0.02%, signalling fund rotation out of those sectors. These inter-sector performance differences reflect fund rotation in the market. Investors tend to enter commodity-based stocks that are strengthening, while reducing exposure to the financial sector and other defensive sectors. Conversely, shares of PT Trimegah Bangun Persada Tbk (NCKL) fell 3.93%, PT Merdeka Copper Gold Tbk (MDKA) weakened 2.17%, and PT Charoen Pokphand Indonesia Tbk (CPIN) corrected 2.05%.

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