JCI First Session Rebounds Supported by Industrial Sector Gains, GoTo Shares Lead LQ45
The Jakarta Composite Index (JCI) strengthened in the first trading session on Wednesday, 29 April 2026. The JCI rebounded by 0.12 per cent or 8.24 points to the level of 7,080.63.
The JCI was observed moving in the range of 7,063 to an intraday high of 7,126. Daily transaction volume amounted to Rp 25.33 billion with a total of 1.42 million transactions conducted by investors.
The JCI’s rise was supported by a drastic surge in the industrial sector of 2.67 per cent. Significant strengthening was also recorded in the technology sector at 1.48 per cent and the non-cyclical consumer sector at 1.08 per cent.
In contrast, the basic materials sector plunged by 1.33 per cent. The healthcare sector weakened by 1.30 per cent and the property sector fell by 0.12 per cent.
Analysts from Phintraco Sekuritas assessed that technically, pressure is still evident with the formation of a death cross between MA5 and MA20, confirmed by a negative widening on the MACD histogram. However, the stochastic RSI shows a different indication by entering the oversold area, opening the possibility of a short-term technical rebound.
“The combination of these signals means the JCI still has the potential for limited movement with a tendency to rebound to test the dynamic resistance area at the 7,100 level in the second trading session today,” projected the Phintraco Sekuritas Analysis Team in their daily research on Wednesday, 29 April 2026.
The following are the LQ45 blue-chip stocks that recorded positive results up to the first session:
PT GoTo Gojek Tokopedia Tbk (GOTO)
GOTO shares soared after reporting a first net profit of Rp 171 billion in the first quarter of 2026. The company’s shares strengthened by 5.66 per cent or 3 points to 56.
PT Medco Energi Internasional Tbk (MEDC)
MEDC shares jumped 3.48 per cent or 60 points to 1,785.
Japfa Comfeed Indonesia Tbk (JPFA)
JPFA shares followed with a rise of 3.40 per cent or 80 points to 2,430.