JCI Falls Back into the Red, Down 0.97% in First Session

The Jakarta Composite Index (JCI) returned to the red zone in the first trading session on Tuesday (11/8/2026). The JCI came under pressure and briefly fell 1.15% at the start of trading.

Based on Indonesia Stock Exchange data at the close of the first session, the JCI fell 55.50 points or 0.87% to 6,309.87. The JCI opened at 6,383.81. Throughout the first session, the index moved in the range of 6,291.19–6,388.58.

Pressure on the JCI was reflected in the majority of stocks moving lower. A total of 169 stocks rose, 488 stocks fell, and 306 stocks were unchanged.

Total trading volume reached 20.04 billion shares with a transaction value of around Rp7.83 trillion. Meanwhile, transaction frequency was recorded at 1.21 million times.

All stock sectors were in the red zone in the first session. The utilities sector fell 1.38% and financials corrected 1.14%.

The technology sector weakened 1.03%, property fell 1%, and non-primary consumer goods corrected 0.98%.

Among large-capitalisation stocks, PT Bank Central Asia Tbk (BBCA) was one of the main drags on the JCI.

BBCA was at Rp6,250 per share, down 0.20%. The movement of this stock exerted the greatest pressure on the JCI, contributing around 12.47 points to the decline.

Besides BBCA, VKTR Teknologi Mobilitas (VKTR) exerted pressure of 3.13 points. Then Dian Swastatika Sentosa (DSSA) -2.91 points, Bank Mandiri (BMRI) -2.77 points, and Bank Negara Indonesia (BBNI) -2.61 points.

On the other hand, a number of stocks were still able to make a positive contribution to the JCI. Indosat (ISAT) was the largest contributor to the rise with around 0.96 points, followed by Kalbe Farma (KLBF) 0.93 points, and Indah Kiat Pulp & Paper (INKP) 0.86 points.

Today’s JCI movement remains overshadowed by a number of sentiments from both domestic and global sources.

US President Donald Trump on Monday (10/8/2026) responded to Iran’s demand for a peace deal with a new demand that Tehran pay compensation for deaths caused by war, attacks, and demonstrations.

Trump said Iran must pay for damage over the past 50 years, including compensation for US civilians and troops killed in the region. This new demand could further complicate efforts to reopen the Strait of Hormuz.

Previously, Iran demanded compensation, an end to sanctions, and an end to US military threats as conditions for reopening the strategic route.

Oil prices jumped around 5% on Monday (10/8/2026) due to doubts that the US and Iran would reach an agreement to reopen ship traffic in the Strait of Hormuz. WTI closed at US$82.13 per barrel, while Brent was at US$87.72 per barrel.