JCI Remains Under Pressure: Recommended Stocks Worth Considering
Jakarta, CNBC Indonesia - The Composite Stock Price Index (JCI) closed 0.26% lower at 6,971.03 on Tuesday (7/4) trading.
Although it fell, several stocks still recorded significant increases, such as BYAN which surged 9.23%, MEGA rocketed 24.72%, and BREN rose 6.65%. On the other hand, several large-cap stocks pressured the index, including BBRI which fell 2.42%, ASII corrected 3.28%, and BMRI weakened 2.17%.
From the fund flow perspective, foreign investors recorded a net sell of Rp1.78 trillion, both in the regular market and the overall market.
In terms of sectors, the majority of indices were in the red zone. As many as 8 out of 11 sectors closed lower, with the industrial sector recording the deepest decline of 2.63%. Meanwhile, the infrastructure sector was the strongest with a 0.76% increase.
In the global market, US stock indices moved variably. The Dow Jones fell 0.18% to 46,584, the S&P 500 was relatively flat with a slight 0.08% increase to 6,616, and the Nasdaq strengthened 0.10% to 22,017. Market sentiment was also influenced by US President Donald Trump’s decision to delay an attack on Iran for two weeks, thus triggering a decline in global oil prices.
Nevertheless, selling pressure from foreign investors on Indonesian assets in the offshore market continues. This is reflected in the 0.91% weakening of the EIDO ETF index and the 0.77% drop in the MSCI Indonesia.
From the global policy side, FTSE Russell decided to postpone the evaluation of the Indonesian stock index, which was previously scheduled for March. Thus, Indonesia’s status as a secondary emerging market remains unchanged.
FTSE also stated that it will continue to monitor several reforms in Indonesia’s capital market, including share ownership transparency, expansion of the investor base, minimum free float rules, and strengthening of the regulatory oversight system. The latest evaluation results are scheduled to be announced in June 2026. For now, no Indonesian issuers are on the monitoring list (Watch List).
Meanwhile, from the corporate side, Nippon Indosari Corpindo (ROTI) will distribute dividends of Rp450 billion for the 2025 fiscal year. This dividend comes from net profit of Rp256.44 billion and additional retained earnings of Rp193.55 billion.
Thus, investors will receive dividends of Rp80.04 per share, slightly higher than the previous year’s Rp79.44 per share. The cum dividend schedule in the regular market is set for 15 April, while dividend payments will be made on 24 April.
Today’s Stock Recommendations
BREN
Buy 4630-4650 | TP 4750-5000 | SL 4330
BRPT
Buy 1440-1455 | TP 1490-1515 | SL 1365
PTRO
Buy 4470-4490 | TP 4650-4770 | SL 4250
ARCI
Buy 1430-1440 | TP 1470-1500 | SL 1350
JPFA
Buy 2440-2460 | TP 2500-2560 | SL 2300
Disclaimer: All stock analysis and recommendations in this article are for informational purposes only and do not constitute an invitation to buy or sell specific stocks.
Investment decisions are entirely at the discretion of each investor according to their risk profile and personal financial goals. Happy wise investing.