JCI Closes Weaker at 7,106.52 on Monday Afternoon

Jakarta (ANTARA) - The Composite Stock Price Index (JCI) of the Indonesia Stock Exchange (BEI) closed weaker on Monday afternoon, down 22.97 points or 0.32% to 7,106.52. Meanwhile, the LQ45 Index, comprising 45 blue-chip stocks, also fell to 686.74. “After experiencing selling pressure at the end of last week, the JCI moved in positive territory for almost the entire trading session but weakened towards the close,” said Ratna Lim, Head of Research at Phintraco Sekuritas, in her analysis in Jakarta on Monday. From the domestic sentiment perspective, Finance Minister Purbaya Yudhi Sadewa stated that incentives for the Indonesian capital market would be considered, provided that the stock exchange authority’s programmes show positive results. These incentives could take the form of tax reductions, in line with the Financial Services Authority’s (OJK) expectation for fiscal stimulus support. On the other hand, foreign direct investment (FDI) data in Indonesia outside the financial and oil and gas sectors recorded an 8.5% year-on-year (YoY) growth to Rp250 trillion in the first quarter of 2026. This achievement marks growth for two consecutive quarters, following a 4.3% (YoY) increase in the fourth quarter of 2025. The largest inflow of investment came from the basic metal industry sector, reaching US$3.7 billion. Ratna continued that in the regional area, the majority of Asian stock indices closed higher on Monday (27/4/2026). Investors tended to ignore the lack of diplomatic negotiations between the United States and Iran, as well as persistently high global crude oil prices. Nevertheless, uncertainty still looms over the market amid geopolitical dynamics. Iran reportedly offered a new proposal to the United States to reopen the Strait of Hormuz and end the conflict, and proposed delaying talks on its nuclear programme. Based on the IDX-IC Sectoral Index, the energy sector fell the most by 1.21%. Stocks recording the largest gains included JAWA, ESIP, IFSH, BOBA, and SMMT. Meanwhile, stocks with the deepest declines included HOPE, BABY, KDTN, BRNA, and ENRG. The total value of share trading transactions reached Rp16.57 trillion, with a volume of 33.17 billion shares traded in 2.20 million transactions. A total of 408 stocks rose, 264 fell, and 147 remained unchanged. In Asia, the Nikkei 225 and Kospi indices closed at record highs. Meanwhile, China’s industrial profits rose 15.5% YoY in March 2026, improving from 15.2% in February 2026. Market participants are also awaiting the outcome of the Bank of Japan’s meeting on 28 April 2026, which is expected to maintain the policy interest rate at 0.75%.