JCI First Session Dips Slightly, Trading Value Reaches Rp 10.78 Trillion

Jakarta, CNBC Indonesia — The Composite Stock Price Index (JCI) closed the first session with a slight correction on Friday (8/5/2026). The JCI closed at the level of 7,168.47, down 5.85 points or -0.08%. A total of 421 stocks declined, 253 rose, and 285 were stagnant. The trading value reached Rp 10.78 trillion, involving 22.43 billion shares in 1.41 million transactions. Market capitalisation also saw a slight correction to Rp 12,760 trillion. Citing Refinitiv, nearly all sectors were in the red zone. Utilities fell the most deeply, by -3.33%, followed by basic materials at -2.29%. The main weights were Barito Renewables Energy (BREN) -7.75 points, Dian Swastatika Sentosa (DSSA) -5.29 points, Bumi Resources Minerals (BRMS) -5.25 points, Merdeka Copper Gold (MDKA) -3.94 points, and Sinar Mas Multiartha (SMMA) -3.81 points. Meanwhile, stocks attempting to push the JCI into the green zone included Mora Telematika (MORA) +22.42 points, Bank Central Asia (BBCA) +14.05 points, Telkom (TLKM) +7.31 points, Bank Rakyat Indonesia (BBRI) +6.27 points, and Bank Mandiri (BMRI) +4.69 points. MORA shares surged strongly today, rising up to the upper auto rejection limit (ARA) of 20% to the level of 7,500 since this morning. Concluding this week’s trading, market participants will face several sentiments from both domestic and international sources. From abroad, developments in the war remain the main focus, while domestically, one key factor is the announcement of foreign exchange reserves. Meanwhile, Asia-Pacific markets opened lower on Friday due to renewed concerns over the heated dispute between Iran and the US amid a fragile ceasefire. The US and Iran exchanged fire in the Strait of Hormuz, with each side claiming the other initiated the attack. Despite the escalation, President Donald Trump insisted that the ceasefire remains in effect, stating that the attack was “just a light touch” during a phone call with a reporter on Thursday evening. Trump later claimed in a subsequent Truth Social post that the US had “completely destroyed” the Iranian side involved in the firefight, which he said included small boats and drones that “fell very beautifully into the sea, like butterflies falling to their graves!” He reiterated that Iran would face further attacks if they do not agree to a nuclear deal. “Just like we beat them again today, we will beat them much harder and much more brutally in the future if they do not sign their deal, IMMEDIATELY!” Trump wrote. Futures oil prices surged. The June West Texas Intermediate (WTI) crude oil futures rose 2.23% to $96.92 per barrel. The July Brent crude oil futures rose 2.40% to $102.46 per barrel. Meanwhile, the market also faces the announcement of the quarterly MSCI index review on 12 May 2026 next week. In addition, next week the market will run shorter or only three trading days.