JCI Reduces Losses, Drops 0.73% at the Close of Session 2

The Indonesia Composite Index (JCI) ended in the red again today, Friday (11/09/2026). However, the JCI managed to reduce its losses by the end of trading.

The JCI closed down 0.73%, or 4pend 47.96 points, to the level of 6,541.38, after having previously dropped 1.8% at the start of the first session. Throughout the trading period, the index moved within a wide range, reaching a high of 6,552.70 and a low of 6,462.96.

Market pressure was reflected in the majority of stocks ending in the red zone. A total of 471 stocks weakened, while 197 stocks strengthened and 295 others remained stagnant.

Total trading volume reached 28.36 billion shares with a transaction value of Rp14.54 trillion. The transaction frequency was recorded at 1.91 million times.

Sectorally, all sectors were in the red zone. The energy sector experienced the deepest decline, falling by 2.29%.

Following this, the utilities sector fell by 1.62%, non-primary consumer goods by -1.04%, finance by -1.03%, property by -0.98%, and industrials by -0.88%.

Among the stocks driving the index, PT Bayan Resources Tbk (BYAN) was the largest weight on the JCI, contributing a negative 13 points.

Subsequently, PT Bank Central Asia Tbk (BBCA) pressured the JCI by 9.38 points, followed by PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) by 4.66 points. PT Mora Telematika Indonesia Tbk (MORA) also acted as a drag with a negative contribution of 3.42 points, followed by PT Barito Renewables Energy Tbk (BREN) at 2.47 points, PT Bank Negara Indonesia (Persero) Tbk (BBNI) at 2.1 points, and PT Petrindo Jaya Kreasi Tbk (CUAN) at 1.79 points.

Meanwhile, several stocks managed to support the JCI against further decline. PT Amman Mineral Internasional Tbk (AMMN) was the largest supporter with a positive contribution of 2.24 points.

Furthermore, PT Merdeka Gold Resources Tbk (EMAS) contributed 0.99 points, PT Astra International Tbk (ASII) 0.87 points, PT Bumi Resources Tbk (BUMI) 0.78 points, and PT Timah Tbk (TINS) 0.57 points.

Pressure on the JCI occurred after the index also plummeted 1.33% to the level of 6,589.34 in the previous trading session. Regional stock market weakness coincided with rising US-Iran tensions, which triggered concerns regarding energy supplies, rising oil prices, inflation, and interest rate prospects.

With today’s close, the JCI has undergone a correction for two consecutive trading days, following a 1.33% drop the day before.