JCI Plunges More Than 1 Per Cent to 8,290 Level; Three Top-Gaining LQ45 Stocks Shine
Jakarta, VIVA — The Jakarta Composite Index (JCI) sank further into the red at the close of trading on Tuesday, 24 February 2026. The JCI plunged 1.37 per cent, or 115.25 points, to the 8,280.83 level.
Based on VIVA’s monitoring via Stockbit, the JCI fell sharply to the 8,290 level upon entering the second session after trending sideways. The index also slid to the 8,269 area as its intraday low before staging a slim rebound ahead of the market close.
Transaction value was recorded at Rp29.47 trillion, whilst transaction volume reached Rp607.1 billion. These figures represented an accumulation of 3.4 million transactions carried out by investors.
Nearly all stock sectors experienced declines. The financial sector was the sole gainer, posting an increase of 1.02 per cent.
The energy sector suffered the steepest correction at 3.50 per cent, followed by consumer cyclicals down 3.12 per cent and infrastructure falling 2.29 per cent. The property sector contracted 2.19 per cent, industrials weakened 1.89 per cent, consumer non-cyclicals fell 1.41 per cent, technology dropped 1.77 per cent, healthcare slid 1.24 per cent, basic materials declined 1.23 per cent, and transportation lost 1.00 per cent.
“The JCI closed weaker after having strengthened to the 8,437 level at the start of the session,” said the Phintraco Sekuritas analyst team, quoted from their daily research note on Tuesday, 24 February 2026.
The Phintraco Sekuritas analyst team highlighted that uncertainty surrounding United States tariff policy and the outlook for US interest rates, which remain relatively tight, caused the US dollar to reverse course and strengthen. As a result, gold prices corrected from their three-week highs, also driven by profit-taking.
“Technically, the upward momentum of the JCI’s MACD histogram is beginning to weaken, and a Death Cross has formed on the Stochastic RSI in the overbought zone. The JCI once again closed below the MA5 level at around 8,306,” the Phintraco Sekuritas analyst team explained.
Phintraco Sekuritas also reported on stocks that recorded the highest price gains throughout the trading session. The following are three top gainers among the 45 blue-chip LQ45 stocks:
PT Bank Mandiri (Persero) Tbk (BMRI) BMRI shares surged 1.90 per cent, or 100 points, closing at the 5,375 level.
PT Merdeka Copper Gold Tbk (MDKA) MDKA shares jumped 1.34 per cent, or 50 points, to 3,790.