JCI Slides but Poised for Rebound Amid Surge in Asian and Wall Street Markets

Jakarta, VIVA – The JCI opened weaker by 48 points or 0.65% at the level of 7,410 on the opening of trading on Monday, 13 April 2026.

Head of Retail Research at BNI Sekuritas, Fanny Suherman, predicts that the JCI will test support and has the potential to rebound in today’s trading.

“The JCI has the potential to test support at 7,400 and if it holds, it will continue its rebound to the 7,600s,” said Fanny in her daily research on Monday, 13 April 2026.

She stated that the majority of Asian markets rose in trading last Friday. Japan’s Nikkei 225 strengthened by 1.84%, Hong Kong’s Hang Seng rose by 0.55%, Taiwan’s Taiex increased by 1.60%, and South Korea’s Kospi surged by 1.40%.

Meanwhile, Australia’s ASX 200 weakened by 0.14% and Japan’s Topix fell by 0.04%. Singapore’s FTSE Straits Times strengthened by 0.25% and Malaysia’s FTSE KLCI rose by 0.30%.

The Asia-Pacific markets largely strengthened due to a weak two-week ceasefire between the US and Iran, keeping investors cautious.

The Middle East conflict, which has lasted more than a month, has led to the closure of the Strait of Hormuz, and traffic remains largely restricted through this vital energy waterway despite the ceasefire.

Tehran stated it will reopen the strait as long as all attacks on the country are halted, according to a statement from its foreign minister. Media reports indicate that Israel has also agreed to the ceasefire.

“JCI support is at the level of 7,330-7,400 while JCI resistance is in the range of 7,560-7,600,” she said.

For information, Wall Street closed mixed with investors adopting a wait-and-see approach over the weekend and continuing to monitor Middle East peace negotiations. On Friday last week, the Dow Jones Industrial Average weakened by 0.56%, the S&P 500 fell by 0.11%, while the Nasdaq Composite rose by 0.35%. Meanwhile, Broadcom and Nvidia shares rose by 4.7% and 2.6%, respectively.

On the other hand, the Consumer Price Index (CPI) from the Department of Labor, the first major inflation indicator released since the war began, showed consumer prices recording the largest monthly surge in nearly four years. This was due to the anticipated surge in energy prices, triggering a 21.2% jump at the petrol pump.