JCI Opens Weaker, Predicted to Move Volatilely

The Jakarta Composite Index (JCI) of the Indonesia Stock Exchange (BEI) on Thursday (11/6/2026) is likely to move volatilely as tensions escalate in the Middle East. The JCI opened down 3.11 points, or 0.05 percent, at 5,899.27. Meanwhile, the LQ45 index of 45 leading stocks rose 0.83 points, or 0.14 percent, to 590.31.

Market sentiment remains dominated by developments in the Middle East after CENTCOM announced a new wave of strikes against Iran on the instructions of US President Donald Trump, said Head of Research at Kiwoom Sekuritas, Liza Camelia Suryanata, in her analysis in Jakarta on Thursday.

From overseas, Trump again warned that Iran would “pay a price” if it continues to delay a peace deal, while Iran has insisted it will retaliate against any threat or attack it receives.

The conflict, now entering its fourth month, has once again heightened concerns about global energy supplies. Uncertainty remains high because the Strait of Hormuz, which carries about 20 percent of the world’s oil supply, continues to be a main point of global energy risk.

Additionally, Trump claimed the US has conducted a “secret mission” to help more than 200 commercial vessels pass through the Strait of Hormuz and deliver over 100 million barrels of oil to the global market. However, this claim was denied by US Energy Secretary Chris Wright, who said he was unaware of such an operation.