JCI Opens Weaker at 7,551 as Investors Watch Interest Rate Direction

JAKARTA, KOMPAS.com – The Composite Stock Price Index (JCI) opened weaker in trading on Wednesday (22/4/2026). Based on data from the Indonesia Stock Exchange (BEI) at the start of the session, the JCI corrected by 8.24 points or 0.11% to the level of 7,551.14 at 09:03 WIB.

The JCI opened in the red zone and continued the weakening trend over the last three days. This position is lower compared to the previous close at 7,559.38.

Trading activity was observed to be quite active at the start of the session. Trading volume reached 2.33 billion shares with a transaction value of Rp907.30 billion. A total of 193 stocks weakened, 287 stocks strengthened, and 202 stocks were stagnant.

Market participants in today’s trading will pay attention to several sentiments, both domestic and global. Domestically, attention is focused on Bank Indonesia’s (BI) benchmark interest rate policy and the impact of the Morgan Stanley Capital International (MSCI) decision.

Meanwhile, externally, the market is monitoring geopolitical developments and US monetary policy, including the hearing for the new Fed Chairman nominee, Kevin Warsh.

Head of Retail Research at MNC Sekuritas, Herditya Wicaksana, said the JCI is projected to move with support at the 7,539 level and resistance at 7,570.

“For tomorrow, we estimate the JCI movement has the potential to strengthen with support at 7,539 and resistance at 7,570,” said Herditya when contacted by Kompas.com on Tuesday night.

He added that the JCI movement will also be influenced by the release of BI’s benchmark interest rate, which is expected to remain at 4.75%.

“Where tomorrow there will be a BI rate release that is expected to be maintained at 4.75%,” he explained.

“The JCI correction is burdened by the MSCI announcement that continues to suspend the assessment of Indonesian stocks as well as the potential exit of two large-cap issuers,” Herditya revealed.