JCI Plummets to 5,594 Level, Rupiah Strengthens Slightly

The Indonesia Composite Index (JCI) plunged to the 5,594 level, representing a 4.20 per cent decrease at the close of trading on Friday, 5 June 2026. According to data from the Indonesia Stock Exchange, 115 stocks strengthened, 656 weakened, and 188 remained stagnant. Transaction volume was recorded at 35.37 billion shares with a transaction value of Rp 31.71 trillion, while transaction frequency reached 2.15 million times. Meanwhile, net foreign selling by investors reached Rp 3.72 trillion in the regular market.

Large-cap stocks underwent corrections, with Barito Renewables Energy (BREN) falling by 10.25 per cent, Bank Central Asia (BBCA) declining by 6.45 per cent, and DCII Indonesia (DCII) dropping by 5.46 per cent.

In other developments, the Rupiah closed slightly stronger by 13 points to the level of Rp 18,036 on Friday, 5 June 2026. Ibrahim Assuaibi, Director of PT Traze Andalan Futures, stated that exchange rate developments were partly influenced by US employment reports. “Signs of unexpected weakness in the US labour market could weaken the US dollar and support US dollar-denominated commodity prices, such as gold,” Ibrahim said in a written statement on Friday, 5 June 2026.

He also noted that internally, the exchange rate was influenced by the Organisation for Economic Co-operation and Development (OECD) reducing its 2026 economic growth forecast for Indonesia from 4.8 per cent to 4.7 per cent.