JCI Plunges 37 Points Due to Domino Effect of Middle East Conflict, Check 3 Shining Stocks in LQ45
Jakarta, VIVA - The Jakarta Composite Index (JCI) declined by 0.53 per cent or 37.35 points to close at 6,989.42 at the end of trading on Monday, 6 April 2026. The rise in crude oil prices due to the ongoing Middle East conflict has become a negative sentiment pressuring the index.
The JCI moved lower from the opening of trading, ranging between levels of 6,935 and 7,009. The transaction value was recorded at Rp 15.19 trillion, with a trading volume of 27.56 billion shares and 1.62 million transactions.
The infrastructure sector suffered the sharpest erosion of 0.92 per cent. Drastic corrections were also noted in the non-cyclical consumer sector by 0.80 per cent and the health sector by 0.58 per cent.
In contrast, the cyclical sector surged by 2.26 per cent, followed by the basic materials sector strengthening by 1.17 per cent, and the energy sector rising by 0.39 per cent.
“Global investors are in an uncertain position, between hoping for an agreement to end the war and a significant escalation that keeps crude oil prices rising,” said an analyst from Phintraco Sekuritas, quoted from their daily research on Monday, 6 April 2026.
Phintraco Sekuritas added that negative sentiment from several stocks on the list of high-concentration ownership for March 2026 contributed to the index’s weakening. These include stocks with large market capitalisations that are burdening the decline.
“This is due to investor concerns that these stocks may be removed from the MSCI index during the May 2026 rebalancing,” Phintraco Sekuritas continued.
Furthermore, Phintraco Sekuritas reported that several issuers managed to record significant price jumps. Here are the three top gainers among the blue-chip stocks (LQ45) while the JCI plunged.
PT Amman Mineral Internasional Tbk (AMMN)
AMMN shares surged 6.91 per cent or 325 points to 5,025.
PT Bumi Resources Tbk (BUMI)
BUMI shares rose 6.14 per cent or 14 points and closed at 242.
PT Barito Pacific Tbk (BRPT)
BRPT shares soared 5.08 per cent or 65 points to 1,345.