JCI Surges, Yet Four Stocks Plunge into the Red

The Jakarta Composite Index (JCI) extended its gains in the second session today, Tuesday (9/6/2026). At the close of trading, the JCI soared 7.57%, or 404.51 points, to 5,746.65. A total of 678 stocks rose, 89 fell, and 48 remained stagnant. The transaction value reached Rp 27.77 trillion, involving 44.70 billion shares in 2.70 million transactions. Market capitalisation also rose to Rp 10,120 trillion.

Amidst the JCI’s rally, a number of stocks moved in the opposite direction and entered the top losers list. The four stocks experiencing the sharpest declines included PT Ingria Pratama Capitalindo Tbk (GRIA), which closed down 25 points, or 14.88%, at Rp 143 per share, and PT Citra Tubindo Tbk (CTBN), which weakened by 1,100 points, or 14.77%, to Rp 6,350 per share.

In addition, PT Mitra Pinasthika Mustika Tbk (MPMX) corrected 155 points, or 14.49%, to Rp 915 per share, and PT Dua Putra Utama Makmur Tbk (DPUM) closed down 22 points, or 14.67%, at Rp 128 per share.

The weakening of GRIA shares is suspected to be more due to profit-taking after previously experiencing a sharp rise. Even the day before, when the JCI plunged on 8 June, GRIA had been one of the stocks that significantly strengthened.

Meanwhile, CTBN’s decline stems from its cash dividend ex-dividend date. The company distributed a cash dividend for the 2025 financial year of Rp 465 per share, with the cum dividend date on 8 June 2026 and the ex-dividend date on 9 June 2026.

Similarly, MPMX shares were affected by dividend distribution action. MPMX distributed a cash dividend of Rp 170 per share, with a total value of Rp 451,895,706,465. The market observed that MPMX shares entered the ex-dividend period, after investors previously hunted for the stock to obtain final dividend entitlements.

DPUM shares are still influenced by a track record of legal cases and previous suspensions, making investors tend to be cautious. In addition, DPUM had previously been in the spotlight due to a planned acquisition by a strategic investor, which had earlier driven the price up speculatively before undergoing a trading suspension.

In its information disclosure, the company also acknowledged that its 2026 performance remains overshadowed by deferred tax burdens, so net profit has not fully recovered.