JCI Prediction Today: Volatile Amid Heated Middle East Tensions

The Jakarta Composite Index (JCI) on the Indonesia Stock Exchange (IDX) is predicted to move volatilely in trading on Thursday, 11 June 2026. Escalating geopolitical tensions in the Middle East are the main factor overshadowing the JCI’s movement today. At the opening of trading on Thursday morning, the JCI opened slightly down by 3.11 points, or 0.05 percent, to 5,899.27. However, the selling pressure in the early session did not last long. As of 09:18 WIB, the JCI was recorded surging 55 points, or 0.93 percent, to the level of 5,955. Head of Research at Kiwoom Sekuritas, Liza Camelia Suryanata, explained that market sentiment is currently dominated by developments in the Middle East. This follows the CENTCOM announcement regarding a new wave of attacks on Iran under the instructions of United States President Donald Trump. “Market sentiment remains dominated by developments in the Middle East. Trump warned again that Iran will ‘pay a price’ if it continues to delay a peace deal,” Liza stated in her analysis in Jakarta, Thursday (11/6). The conflict, which has entered its fourth month, is triggering serious concerns over global energy supplies. The market’s main focus is on the Strait of Hormuz, the vital route that channels approximately 20 percent of the world’s oil supply. Uncertainty at this point is considered an extremely high global energy risk. Amid the heated situation, President Trump claimed the US had run a ‘secret mission’ to escort more than 200 commercial vessels through the Strait of Hormuz, which he claimed has flowed over 100 million barrels of oil to the global market. However, the claim sparked questions after US Energy Secretary Chris Wright stated he was unaware of any such operation. The conflicting accounts within the US administration add to the uncertainty for market participants on both domestic and global bourses. Investors are advised to remain vigilant regarding commodity price fluctuations, especially crude oil, which could have a knock-on effect on energy sector shares on the IDX throughout the day.