Indonesian Political, Business & Finance News

JCI Plunges Sharply at Week's End, 607 Stocks Close in the Red

| | Source: KOMPAS Translated from Indonesian | Finance
JCI Plunges Sharply at Week's End, 607 Stocks Close in the Red
Image: KOMPAS

JAKARTA, KOMPAS.com – The Composite Stock Price Index (JCI) closed sharply lower in trading today, Friday (8/5/2026). According to data from the Indonesia Stock Exchange (BEI), the JCI plunged 2.86 per cent or corrected by 204.92 points to the level of 6,969.40.

Throughout the trading session, the JCI moved in the range of 6,969.40 to 7,186.83 today. The index opened at 7,182.96 but continued to move in the red zone until the close of trading.

The weakening of the JCI was accompanied by the majority of major indices. The LQ45 Index fell 2.39 per cent to 677.18, while the KOMPAS100 weakened 3.65 per cent to 933.27.

Meanwhile, the IDX30 dropped 2.13 per cent to 380.55, and the JII70 corrected 4.15 per cent to 175.56.

Blue-chip banking stocks were also under pressure and became the main drag on the JCI today. BBRI shares fell 50 points or 1.51 per cent to Rp 3,260 per share.

BBCA shares also weakened by 50 points or 0.80 per cent to Rp 6,175 per share. Meanwhile, BBNI shares corrected by 120 points or 3.02 per cent to Rp 3,860 per share.

The weakening of these major bank shares also pressured the financial sector, which closed down 1.48 per cent at 1,385.11.

In addition to the financial sector, the basic materials sector recorded the deepest weakening of 7.80 per cent to 2,022.60. The energy sector also fell 4.59 per cent to 3,540.49, and the cyclical consumer goods sector weakened 3.39 per cent to 1,061.10.

The property sector also corrected by 2.65 per cent to 914.58. Additionally, the non-primary consumer goods sector fell 2.11 per cent to 741.46, and the infrastructure sector weakened slightly by 0.32 per cent to 2,119.00.

Trading activity was observed to be busy, with total transaction value reaching Rp 35.81 trillion. Trading volume was recorded at 55.77 billion shares traded in 2.80 million frequencies.

A total of 138 stocks strengthened, 607 stocks weakened, and 214 stocks were stagnant.

Next, IRRA shares strengthened by 102 points or 25.00 per cent to 510. PEHA shares rose 74 points or 24.83 per cent to 372, while KAEF strengthened by 125 points or 24.51 per cent to 635.

Meanwhile, the top losers were led by ELPI shares, which fell 255 points or 15.00 per cent to 1,445. ESIP shares weakened by 33 points or 15.00 per cent to 187.

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