JCI Opens Stronger by 0.15%, Approaching 6,700 Level
The Indonesia Composite Index (JCI) strengthened at the opening of trading on Thursday (10/09/2026). The JCI rose by 9.97 points, or 0.15%, to the level of 6,688.17.
According to data from the Indonesia Stock Exchange, the JCI’s gains increased three minutes after the market opened, reaching an intraday high of 6,702.73 and a low of 6,684.76. During this period, 280 stocks strengthened, 142 stocks weakened, and 255 stocks remained stagnant.
Trading volume at the start of the session reached 3.14 billion shares, with a transaction value of approximately Rp 2.14 trillion.
Market sentiment today is expected to be mixed following yesterday’s economic data, which showed improved demand in China and Indonesia, while private sector labour growth in the United States remains limited. The surge in oil prices is also expected to significantly impact market volatility.
Market attention today will shift towards Indonesian retail sales, the European Central Bank’s interest rate decision, as well as US producer inflation and unemployment claims.
Domestically, the government’s plan for a free account programme is also drawing attention, as it has the potential to expand financial inclusion and the banking customer base.
Meanwhile, Asia-Pacific stock markets moved lower in Thursday’s trading (10/09/2026), facing pressure from rising US government bond yields and a surge in crude oil prices. Japan’s Nikkei 225 fell 0.62%, South Korea’s Kospi weakened by 0.24%, while Australia’s benchmark S&P/ASX 200 corrected by 1.36%.
Pressure on Asian equity markets occurred after US Treasury yields rose again, weighing on Wall Street. The US Treasury Department previously announced it would repurchase long-term debt up to US$6 billion, approximately three times the usual amount.
Less than a month prior, the US Treasury also stated it would more than double the size of its government debt buybacks. However, this move was followed by an increase in US Treasury yields as investors scrutinised supply and demand conditions in the bond market.
The 10-year US Treasury yield reached a session high of 4.857%, its highest level since November 2023. This rise in yields has increased pressure on equities, particularly as investors reconsider inflation prospects and the US Federal Reserve’s interest rate policy.
Market sentiment was also pressured by the rise in crude oil prices amid increasing tensions between the US and Iran. Brent crude prices surged 3.4% to US$101.21 per barrel, while West Texas Intermediate (WTI) rose 3.3% to US$96.05 per barrel.
Both benchmark oil prices recorded their highest closing levels since May. The surge in oil prices is a concern for investors, as rising energy costs could potentially increase inflationary pressure and complicate the prospects for monetary policy easing.