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JCI Rally Breaks Through 7,100 Driven by Transportation Sector, Check 3 Top Performers in LQ45

| Source: VIVA Translated from Indonesian | Finance
JCI Rally Breaks Through 7,100 Driven by Transportation Sector, Check 3 Top Performers in LQ45
Image: VIVA

Indonesia’s Composite Stock Price Index (JCI) continued its upward trend, increasing by 0.65% or 45.62 points, pushing the index to break through the 7,102.72 level during the first trading session on Wednesday, 6 May 2026. According to observations, the JCI experienced a sharp correction to 7,051 after a significant surge at the opening of trading, before rebounding despite a temporary dip, with the intraday high reaching 7,126. Daily trading volume was recorded at Rp225.72 million with a transaction value of Rp10.47 trillion, and investor trading activity totalled 1.49 million transactions. The majority of stock sectors posted positive results, with the financial sector being the only one to record a correction of 0.87%. The transportation sector led the gains with a 2.28% increase, followed by the basic materials sector up 1.98% and the technology sector strengthening 1.52%. Positive results were also seen in the property sector at 1.42%, the industrial sector up 1.36%, and the non-cyclical consumer sector surging 1.35%. Subsequently, the infrastructure sector jumped 0.87%, the cyclical consumer sector rose 0.84%, the energy sector increased 0.41%, and the health sector strengthened 0.21%. Phintraco Sekuritas analysts assess that technically, the JCI has broken through the psychological resistance level of 7,100, accompanied by a negative narrowing on the MACD histogram and the stochastic RSI moving upwards from the oversold area. With this combination of signals, we forecast that the JCI will continue to strengthen and has the potential to test the 7,125 level in the second trading session today, as per the projection from Phintraco Sekuritas analysts cited from their daily research on Wednesday, 6 May 2026. Phintraco Sekuritas also reported that several issuers recorded the highest price jumps among the top stocks. Here are the three top gainers in the LQ45. PT Unilever Indonesia Tbk (UNVR): UNVR shares soared 8.84% or 145 points to break through the 1,785 level. PT Sumber Alfaria Trijaya Tbk (AMRT): AMRT shares rose 4.86% or 70 points to 1,510. PT ESSA Industries Indonesia Tbk (ESSA): ESSA shares followed with a 4.71% surge or 40 points to the 890 area.

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