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

The Jakarta Composite Index (JCI) held steady at the 6,000 level through the end of the first session today, Wednesday (15/6/2026). The JCI recorded a gain of 28.3 points, or 0.47%, to 6,067. The majority of stocks moved into positive territory, with 534 issuers rising, 373 falling, and 397 remaining stagnant. Transaction value reached Rp 5.95 trillion, involving 12.07 billion shares in 1.18 million transactions. Market capitalisation also rose to Rp 10,599 trillion. According to Refinitiv, only the healthcare sector was in the red, with a correction of -1.51%. Utilities, infrastructure, property, and basic materials were the three sectors that rose the most, at 2.22%, 1.65%, and 1.47% respectively. After major banking stocks weighed on the JCI in yesterday’s trading, today was the opposite. Bank Rakyat Indonesia (BBRI), Bank Central Asia (BBCA), and Bank Mandiri (BMRI) contributed 7.3 points, 6.62 points, and 6.53 points respectively. In addition, BREN, AMMN, ANTM, and MBMA were among the top movers this afternoon. In today’s trading, global market sentiment was influenced by the release of two key macroeconomic data points the previous day, which signalled a fundamental shift. The decline in US inflation due to the ceasefire effect and China’s record trade surplus were the main focus for investors. A statement from Fed Chair Kevin Warsh will also be in the spotlight. Entering today’s trading 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 data, and the continuation of the US central bank’s important agenda. Domestically, the Indonesia Stock Exchange (IDX) has again added to its list of stocks with High Shareholding Concentration (HSC). Through the latest evaluation, the number of issuers on the HSC list as of Wednesday (15/7/2026) at 08.00 WIB increased to 51 stocks. Previously, on 3 April 2026, the IDX announced data for 10 companies with HSC status. For the record, HSC is a category of stocks where the majority of ownership is controlled by one party or a group of affiliated parties, so the number of shares circulating in the public is relatively limited. This information is published as part of efforts to increase transparency and investor protection in the capital market. Stocks with highly concentrated ownership are considered to carry much greater risk compared to stocks with a large free float. This is because price control and liquidity are in the hands of a few parties, not entirely by market mechanisms. With control by a few parties, transaction volume can be limited, and investors will find it difficult to sell shares when the market is volatile. Limited ownership also allows prices to soar very high and fall sharply due to small transactions by the main owner. A price that can be controlled by a few parties certainly does not reflect the overall stock market. Meanwhile, in geopolitical developments, the United States has again increased pressure on Iran by re-imposing 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 was re-imposed as part of the latest escalation of the conflict. The US military also announced the start of a new wave of attacks against Iranian targets. Trump said the Strait of Hormuz remains open to all ships, except Iranian vessels.