JCI Under Pressure Again, Closes at 6,100 in Afternoon Session II Trading
The Composite Stock Price Index (IHSG) ended in the red again in trading on Wednesday, 29 July 2026. After moving erratically throughout the session, the IHSG closed at 6,100.50, weakening 0.49 per cent compared to the previous close of 6,130.59.
According to Indonesia Stock Exchange (BEI) trading data at the close of the second session, the IHSG moved within a fairly wide range throughout the day. The index opened at 6,141.16 and reached a high of 6,174.41.
However, selling pressure caused the IHSG to reverse course. The index then touched a low of 6,029.32 before eventually managing to trim its losses slightly and holding above the 6,100 level until trading ended.
With this close, the IHSG once again fell below its previous closing position. In Tuesday’s trading on 28 July 2026, the IHSG closed at 6,130.59 after a correction of 0.89 per cent.
IHSG Moves Erratically Until the Close
The IHSG’s movement on Wednesday showed considerable pressure from the start of the session. After opening at 6,141.16, the index briefly strengthened and touched a high of 6,174.41.
However, the gains did not last long. The IHSG then declined and at one point fell below the 6,050 level. Today’s low was recorded at 6,029.32.
Entering the second session, the IHSG remained in the red. The index briefly returned to around the 6,100 level and moved within a relatively limited range until near the close.
Data at 15.49 WIB showed the IHSG at around the 6,100 level. At the end of trading, the index was recorded at 6,100.498, down around 0.49 per cent from the previous close.
Today’s closing level also shows that the IHSG has yet to return to the 6,130 mark recorded at Tuesday’s close.
Several Benchmark Indices Show Mixed Movement
The pressure in the stock market was not evenly spread across all indices. BEI data showed several benchmark indices moving in different directions at the end of trading.
The LQ45 index weakened 0.05 per cent to 607.708. Meanwhile, the IDX30 actually strengthened 0.05 per cent to 342.266.
Below are the movements of several indices at the close of trading:
IHSG/Composite: 6,100.498, down 0.49 per cent
LQ45: 607.708, down 0.05 per cent
IDX LQ45 Capped: 88.281, up 0.01 per cent
IDX30: 342.266, up 0.05 per cent
IDX80: 91.238, down 0.12 per cent
These movements indicate that the pressure on the IHSG came whilst the performance of a number of leading stock indices remained limited.