JCI Opens Higher Following Government's Release of April Inflation Data and March 2026 Trade Surplus

Jakarta – The Jakarta Composite Index (JCI) opened higher by 2 points or 0.03% at the level of 6,974 during the market opening on Tuesday, 5 May 2026.

Head of Retail Research at BNI Sekuritas, Fanny Suherman, predicted that the JCI has the potential to correct again during trading today.

“The JCI has the potential to correct again today,” said Fanny in her daily research on Tuesday, 5 May 2026.

She stated that Asian markets collectively strengthened during trading on Monday. The Hang Seng Index rose 1.24%, Taiwan’s Taiex surged 4.57%, and South Korea’s Kospi jumped 5.12%.

Meanwhile, Australia’s ASX 200 weakened by 0.38%, Singapore’s FTSE Straits Times strengthened 0.24%, and Malaysia’s FTSE KLCI rose 1.03%. Japan’s stock market was closed for a holiday.

Domestically, the Central Statistics Agency (BPS) reported inflation for April 2026 at 0.13% month-to-month (mtm). Meanwhile, year-to-date (ytd) inflation reached 1.06%.

BPS noted that the expenditure group contributing to inflation in the transportation sector was 0.99%, with a contribution to inflation of 0.12%.

In addition, Indonesia once again recorded a trade surplus of US$3.32 billion in March 2026. This figure increased significantly compared to the February 2026 surplus of US$1.27 billion.

“JCI support is at the level of 6,850-6,900, while JCI resistance is in the range of 7,000-7,090,” she said.

For information, Wall Street stock indices closed lower during trading on Monday, following the escalation of tensions in the Middle East, which once again caused an increase in global oil prices and investor concerns about regional stability.

The Dow Jones Industrial Average weakened 1.13%, the S&P 500 fell 0.41%, and the Nasdaq Composite declined 0.19%. Additionally, market pressure was also caused by the latest developments in the Middle East, after the United Arab Emirates (UAE) reported intercepting several missiles fired from Iran.