JCI Still Under Pressure, Opens Down 0.24% Below 6,400 Level

The Jakarta Composite Index (JCI) weakened at the opening of trading on Thursday (27/8/2026). However, four minutes after the market opened, the JCI was recorded moving into positive territory.

Based on Indonesia Stock Exchange (IDX) data at 09:00 WIB, the JCI stood at 6,390.35, down 15.33 points or 0.24% from the previous close of 6,405.68.

The JCI opened at 6,390 and in the first four minutes of trading touched a high of 6,418 and a low of 6,376.

The JCI’s decline was accompanied by 126 stocks rising, 206 stocks falling, while 304 other stocks were stagnant.

Transaction value at the start of trading reached Rp155.43 billion with a trading volume of 309.47 million shares. Transaction frequency was recorded at 34,464 times.

Entering today’s trading, the domestic financial market will still be coloured by a number of sentiments, both from home and abroad.

First, the market will await the announcement of the fit-and-proper test results for the Bank Indonesia Governor candidate and the BI Board of Governors. The market will also observe the fit-and-proper tests of two Deputy Governor candidates taking place today.

Meanwhile from the global side, the latest inflation release in the United States, which remains quite high, and slowing economic growth provide signals that raise questions about the direction of the Federal Reserve’s interest rate policy.

Meanwhile, a number of community groups and students will hold demonstrations in front of the DPR/MPR RI building in Senayan, Central Jakarta, today, Thursday (27/8/2026).

This action is not only supported by the student movement but also involves community groups with different interests and demands. Among the demonstrators’ demands are rejection of a number of government policies as well as economic and democratic demands.

Following the demonstrations, a number of offices have implemented work from home (WFH) to anticipate mobility disruptions and potential traffic congestion. Employees whose work cannot be done from home have even been given the day off.

The WFH policy has been implemented by several companies in the Sudirman and Semanggi areas. Several offline meeting agendas have also been postponed or moved to another day.

From the regional front, Asia-Pacific stock markets opened mixed on Thursday (27/8/2026) amid investor attention on the release of China’s industrial profit data and the Jackson Hole Economic Policy Symposium agenda.

Both agendas are in the spotlight as they could provide new clues about the direction of China’s economy and US interest rate policy.

In Japan, the Nikkei 225 index rose 0.49%, while the Topix index gained 0.15%. The gains occurred as market participants continued to observe global economic developments and the monetary policy direction of major countries.

Meanwhile, the South Korean stock market recorded more significant gains with the Kospi index surging 2.48%. The small-cap Kosdaq index also rose 1.06%, reflecting fairly strong positive sentiment in the Korean market.

Unlike Japan and South Korea, Australia’s benchmark S&P/ASX 200 index moved slightly lower. The mixed movements indicate Asian investors are still taking a cautious stance ahead of several important economic agendas.