JCI Reverses Gains, Falls 0.49% at End of First Session
The Jakarta Composite Index (JCI) reversed direction and closed weaker in the first trading session on Monday (10/8/2026). The JCI had strengthened at the start of trading before finally entering the red zone just before the close of the first session.
Based on IDX Mobile data, the JCI closed at 6,378.40, down 31.25 points or 0.49% compared to the previous close of 6,409.65. The index had touched a high of 6,462.74 in morning trade, but selling pressure then pushed it down to a low of 6,372.92.
Trading in the first session was fairly busy. Transaction value reached Rp11.58 trillion with a trading volume of 31.98 billion shares in 1.70 million transactions. Of all shares traded, 287 stocks rose, 330 stocks fell, and 346 stocks were stagnant.
Pressure on the JCI mainly came from large-cap stocks. PT Telkom Indonesia (Persero) Tbk (TLKM) was the biggest drag with a contribution of 4.17 points, followed by Bank Mandiri (BMRI) which reduced the index by 3.69 points. In addition, Barito Pacific (BRPT) weighed on the JCI by 2.30 points, VKTR Teknologi Mobilitas (VKTR) by 2.09 points, and Amman Mineral Internasional (AMMN) by 1.91 points.
Conversely, several stocks supported the JCI. Sinar Mas Multiartha (SMMA) contributed a gain of 3.17 points, followed by Bank Central Asia (BBCA) at 2.50 points, Merdeka Gold Resources (MDKA) at 2.37 points, Dian Swastatika Sentosa (DSSA) at 1.94 points, and Garuda Indonesia (GIAA) at 1.49 points.
Sectorally, the majority of sectors were in the red. The industrial sector was the only sector with a significant gain of 3.41%, followed by the academic and education services sector which rose 1.67%. Meanwhile, the financial sector was relatively stagnant with a decline of 0.03%. The energy sector fell 0.14%, healthcare 0.29%, consumer cyclicals 0.34%, technology 0.53%, utilities 0.57%, property 0.58%, and raw materials 0.66%. The consumer staples sector experienced the deepest decline at 0.74%.
Foreign investors recorded a net buy of approximately Rp694.8 billion over the past week. Bank Rakyat Indonesia (BBRI) shares were the most sought after by foreign investors with a net buy of Rp559 billion, followed by Timah (TINS) at Rp385.5 billion and Dian Swastatika Sentosa (DSSA) at Rp302 billion. Other shares that recorded significant foreign net buys included MGLV at Rp229.4 billion, ANTM at Rp215.7 billion, BRPT at Rp177.5 billion, BBCA at Rp140.2 billion, GGRM at Rp130.4 billion, BBNI at Rp120.3 billion, and ICBP at Rp119.6 billion.
Indonesia’s financial market faces a busy week from 10-14 August 2026. Market attention is focused on US inflation data, producer prices, and retail sales, which could alter expectations regarding the Federal Reserve’s interest rate policy. Domestically, Bank Indonesia (BI) will release the results of the July Consumer Survey and the June Retail Sales Survey. Both sets of data will provide an overview of the purchasing power of the Indonesian public. The highlight of the week will be on Friday, when President Prabowo Subianto will deliver the State Address and submit the Financial Note and the 2026 Draft State Budget (RAPBN).