JCI Plunges Due to Selling Pressure, Closes at 7,106 Level
The Composite Stock Price Index (JCI) fell once again after recovering in the first session. The JCI plunged 0.32 per cent or 22.97 points to the level of 7,106.52 at the close of trading on Monday, 26 April 2026.
Based on observations by VIVA on the Stockbit application, the JCI immediately dropped at the start of the first session to the level of 7,161, even though it briefly rebounded to around 7,172. After that, the index moved relatively lower until the end of trading.
The transaction value was recorded at Rp16.57 trillion, while the daily transaction volume was Rp331.72 million. The number of trading activities carried out by investors was recorded at 2.21 million transactions.
Interestingly, only two stock sectors experienced declines when the JCI plunged quite deeply. The energy sector fell 1.21 per cent, and the industrial sector dropped 1.15 per cent, while the financial sector closed flat.
The raw materials sector recorded the highest gain of 1.48 per cent, followed by the non-cyclical consumer sector strengthening 0.53 per cent, and the technology sector jumping 0.44 per cent. Positive results were also recorded in the infrastructure sector, up 0.33 per cent, the property and cyclical sector up 0.30 per cent, the transportation sector up 0.31 per cent, and the health sector up 0.15 per cent.
“After experiencing selling pressure at the end of last week, the JCI initially moved in positive territory for almost the entire trading session but then weakened towards the close,” said an Analyst from Phintraco Sekuritas in their daily research on Monday, 27 April 2026.
From a technical perspective, the Phintraco Sekuritas Analyst assessed that the JCI’s MACD has formed a Death Cross. Meanwhile, the Stochastic RSI is in the pivot area heading towards oversold.
The movement of the domestic index aligns with the majority of indices on Asian exchanges, which also strengthened during trading on Monday, 27 April 2026. Investors ignored the lack of diplomatic negotiations between the US and Iran over the weekend and the still high level of crude oil prices.
Despite lingering uncertainty, Iran has offered a new proposal to the US to reopen the Strait of Hormuz and end the war. Iran also suggested postponing talks on nuclear issues.
Meanwhile, three issuers recorded the highest price surges (top gainers) among blue-chip stocks as follows:
PT Amman Mineral Internasional Tbk (AMMN)
AMMN shares soared 8.00 per cent or 400 points and closed at the level of 5,400.