JCI Closes Weaker by 144.43 Points in Thursday's Trading

The Composite Stock Price Index (JCI) closed in the red zone on Thursday, 30 April 2026. According to Indonesia Stock Exchange data, the JCI fell 144.43 points or 2.03% to 6,956.80.

Throughout the trading session, the index opened at 7,103.26, briefly reaching a high of 7,109.00, and dropping to a low of 6,876.58. Trading volume reached 46.35 billion shares with a transaction value of Rp 21.85 trillion and 2.639 million transactions.

Selling pressure dominated the market, with 600 stocks weakening, 146 strengthening, and 213 unchanged. The JCI’s decline aligned with corrections in several major indices, including the LQ45 index, which fell 14.80 points or 2.16% to 669.34.

All sectors recorded declines. The infrastructure sector fell 2.93%, the industrial sector weakened 2.95%, and the basic materials sector dropped 2.09%. The financial sector declined 1.73%, the property and real estate sector weakened 2.19%, the healthcare sector corrected 1.15%, the transportation sector fell 0.80%, and the energy sector weakened 1.08%.

Capital market observer Reydi Octa assessed that the JCI’s weakening on this day was triggered by a combination of global risk-off sentiment and domestic pressures. “Globally, the strengthening US dollar and uncertainty over interest rates are driving capital outflows. Domestically, issues around free float, HSC, and index rebalancing are deepening the correction,” said Reydi on Thursday, 30 April 2026, as reported by Antara.

Reydi stated that investor sentiment, particularly from foreigners, is currently defensive, leading to net selling in the Indonesian stock market.

According to him, investors are currently awaiting clarity on the direction of global benchmark interest rate policies, stabilisation of the rupiah exchange rate, and certainty in domestic market regulations to avoid investor doubts in future investment decisions.

In the short term, Reydi projects that the JCI may remain sideways with a tendency to weaken, though there remains potential for a technical rebound.