Indonesian Political, Business & Finance News

JCI Still Lingering at 6,000 Level, Session 1 Closes Up 0.47%

| Source: CNBC Translated from Indonesian | Finance
JCI Still Lingering at 6,000 Level, Session 1 Closes Up 0.47%
Image: CNBC

Jakarta, CNBC Indonesia — The Composite Stock Price Index (IHSG) held firm around the 6,000 level until the close of the first session today, Wednesday (15/6/2026).

The IHSG rose 28.3 points, or 0.47%, to 6,067. The majority of shares moved into the green, with 534 listed companies gaining, 373 declining and 397 unchanged.

Transaction value reached Rp 5.95 trillion, involving 12.07 billion shares across 1.18 million trades. Market capitalisation rose to Rp 10,599 trillion.

Citing Refinitiv, only the healthcare sector was in the red, correcting 1.51%. Utilities, property and basic materials were the three strongest risers, gaining 2.22%, 1.65% and 1.47% respectively.

After jumbo bank shares weighed on the IHSG in yesterday’s trading, the opposite occurred today. Bank Rakyat Indonesia (BBRI), Bank Central Asia (BBCA) and Bank Mandiri (BMRI) contributed 7.3, 6.62 and 6.53 points respectively. In addition, BREN, AMMN, ANTM and MBMA were among the top movers by midday.

In today’s trading, global market sentiment was influenced by the release of two major macroeconomic datasets the previous day, signalling a shift in fundamentals.

The decline in United States inflation following the ceasefire effect, and China’s record trade surplus, were investors’ main focus. Remarks by Fed Chair Kevin Warsh will also be closely watched.

Entering today’s session, market participants’ attention will shift to a series of other crucial economic data releases, including China’s quarterly economic performance, US producer-level inflation, domestic external debt figures, and the continuation of important agendas from the US central bank.

On the domestic front, the Indonesia Stock Exchange (IDX) has again added to its list of shares with High Shareholding Concentration (HSC), meaning ownership that is highly concentrated.

Following its latest evaluation, the number of issuers on the HSC list as of Wednesday (15/7/2026) at 08.00 WIB increased to 51 shares. Previously, on 3 April 2026, the IDX announced 10 companies with HSC status.

For the record, HSC is a category of shares whose ownership is largely controlled by one party or an affiliated group, meaning the number of shares circulating publicly is relatively limited. This information is published as part of efforts to improve transparency and investor protection in the capital market.

Shares with highly concentrated ownership are considered to carry far greater risk than shares with a large free float.

This is because price control and liquidity rest in the hands of a small group of parties, rather than being fully driven by market mechanisms.

With ownership concentrated among a few parties, transaction volume can be limited, making it difficult for investors to sell shares during market turbulence.

Limited ownership also allows prices to surge very high or plunge solely due to small transactions by the main owner. Prices controlled by a handful of parties clearly do not reflect the stock market as a whole.

Meanwhile, in geopolitical developments, the United States has again stepped up pressure on Iran, reimposing a naval blockade on all Iranian ports and launching a new wave of attacks on several strategic areas of the country.

The US government stated on Tuesday (14/7/2026) that the naval blockade on all Iranian ports had been reimposed as part of the latest escalation of the conflict. The US military also announced the start of a new wave of attacks on targets in Iran.

Trump said the Strait of Hormuz remains open to all vessels, except Iranian ships.

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