JCI Rises 0.60% to 6,564.51 in Session I, Supported by Banking Stocks
The Indonesia Composite Index (JCI) continued its upward trend during the first trading session on Tuesday (1/9/2026). The JCI closed up 39.03 points, or 0.60%, at the level of 6,564.51.
Based on trading data, the JCI fluctuated within the range of 6,535.80 to 6,586.16 throughout the first session. The index opened at 6,538.12, following a previous close of 6,525.48.
The JCI’s gains were supported by the majority of stock sectors. The financial sector was one of the primary drivers with a 1.36% increase, followed by the energy sector which rose by 1.16% and non-primary consumer goods by 1.03%.
Other sectors that also strengthened included property at 0.93%, industrials at 0.69%, utilities at 0.57%, primary consumer goods at 0.31%, and healthcare at 0.13%. Meanwhile, the technology sector acted as the main drag with a correction of 2.36%, followed by basic materials which fell by 0.23%.
Among large-cap stocks, PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) was the largest contributor to the JCI’s rise in terms of index point contribution, adding 10.88 points. BBRI shares were recorded at Rp3,320, an increase of 0.17%.
Furthermore, PT Bank Central Asia Tbk (BBCA) contributed 7.05 points with a 0.11% rise to Rp6,550. PT Bank Mandiri (Persero) Tbk (BMRI) also contributed 6.08 points, up 0.09% to Rp4,300.
In addition to banking stocks, PT Bumi Resources Tbk (BUMI) contributed 4.69 points and PT United Tractors Tbk (UNTR) contributed 4.34 points.
On the other hand, several stocks acted as a drag on the JCI’s momentum. PT DCI Indonesia Tbk (DCII) recorded the largest negative contribution of 10.90 points, followed by PT Merdeka Gold Resources Tbk (EMAS) by 4.70 points and PT Mora Telematika Indonesia Tbk (MORA) by 2.94 points.
With this strengthening, the JCI has returned to above the 6,500 level at the start of September trading. This rise occurred even as several Asian markets moved variably to tend weaker during the first trading session.
The movement of the JCI on Tuesday (1/9/2026) could potentially be overshadowed by various domestic and international sentiments. Investors will closely watch the release of domestic economic data, ranging from August inflation and the manufacturing Purchasing Managers’ Index (PMI) to the July 2026 trade balance.
From the global market, the escalation of conflict between the United States and Iran remains a primary concern. Threats from US President Donald Trump to attack Iran again have increased concerns regarding regional stability, particularly the Strait of Hormuz, which is a vital route for global oil and gas trade. Oil prices are approaching the US$90 per barrel level, which has the potential to increase global inflationary pressures.