JCI Plummets, Yet These 10 Stocks Soar

Jakarta, CNBC Indonesia - The Jakarta Composite Index (JCI) closed sharply lower on Wednesday (13/5/2026). However, amid the market pressure, several stocks still managed to surge sharply.

According to data from the Indonesia Stock Exchange (BEI), the JCI closed weaker on Wednesday afternoon, down 135.57 points or 1.98% at the level of 6,723.32. This weakening placed the JCI back under pressure after the market responded to several unfavourable sentiments.

The pressure on the JCI mainly came from sentiments surrounding the Morgan Stanley Capital International (MSCI) index rebalancing.

Several Indonesian stocks were removed from the MSCI Global Standard Index and MSCI Global Small Cap Index in the May 2026 quarterly review announcement by MSCI. This situation has heightened concerns over the potential outflow of foreign funds from the domestic stock market.

Amid the JCI correction, stock trading activity remained quite brisk. The value of transactions in the stock market was recorded at Rp10.26 trillion, with a trading volume of 24.74 billion shares and a frequency of 1.46 million transactions. A total of 280 stocks rose, 411 stocks fell, and 268 stocks were unchanged.

Interestingly, despite the JCI tumbling nearly 2%, several stocks recorded significant increases. Shares of PT Mitra Energi Persada Tbk (KOPI) led the list of gainers with a 24.56% jump to 284 from the previous level of 228.

In the next position, shares of PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) rose 22.70%. Then, shares of PT Perdana Bangun Pusaka Tbk (KONI) strengthened by 18.12%.

Other stocks that also surged include NEST, which rose 18%, FIRE, which strengthened 16.03%, and ICON, which rose 15.27%.

One of the stocks that entered the top gainers list was PT Bakrie & Brothers Tbk (BNBR). Shares of this Bakrie Group issuer jumped 12.18%.

Here are the 10 stocks with the highest gains from Wednesday’s trading.