JCI Strengthens This Morning as Markets Await Fed Minutes and Foreign Exchange Reserve Data

The Indonesia Composite Index (JCI) began trading with gains on Wednesday, 7 October 2026. This positive movement continues the upward trend observed over the last several trading sessions.

At the start of the trading session, the JCI stood at 6,210.42, up 17.49 points or 0.28 per cent. This strengthening reflects positive movement in the domestic stock market as investors continue to closely monitor various global economic sentiments and developments in monetary policy.

In terms of trading activity, 302 stocks gained, while 51 stocks declined and 306 others remained stagnant. Transaction volume reached approximately 3.98 billion shares, with a transaction value of Rp621 billion and a trading frequency of 109,705 times.

JCI Continues Upward Trend

The JCI’s rise at the start of Wednesday’s trading continues the positive trend seen since late last week. In the previous session, the JCI rose 0.46 per cent or 27.38 points to reach 6,036. This upward trend continued on Monday, 4 October 2026, when the JCI surged 1.36 per cent to reach 6,118.86. Further gains occurred on Tuesday, 6 October 2026, with the JCI rising 1.21 per cent to close at 6,192.93. With this positive opening on Wednesday, investors are watching to see if the domestic stock market’s strengthening trend can be sustained amidst several key economic agendas.

Foreign Exchange Reserves Draw Investor Attention

Trading sentiment for the JCI on Wednesday was influenced by external sector developments and the direction of global monetary policy. Externally, the widening US trade deficit is a point of market concern. Domestically, the increase in Indonesia’s growth projections serves as positive news for investors.

In today’s trading, investor attention is focused on Indonesia’s foreign exchange reserve reports. This data is awaited to assess Indonesia’s external resilience and the available space to support the stabilisation of the rupiah exchange rate. The movement of the rupiah remains a key factor for investors, as it can influence sentiment towards domestic assets, including the stock market.

Investors Await Fed Minutes

Market attention will next shift towards the minutes of the Federal Open Market Committee (FOMC) September meeting, which is scheduled for release early tomorrow at 01:00 WIB.