JCI Under Pressure, Here Are 5 Stocks Heavily Hunted by Investors

The movement of the Jakarta Composite Index (JCI) remained overshadowed by global and domestic sentiment pressures during trading on Monday, 22 June 2026. After opening higher, the index eventually weakened and fell back to the 6,100 level. Based on trading data up to 10:21 Western Indonesia Time (WIB), the JCI stood at 6,117.54, down 59.60 points or 0.96 percent compared to the previous close at 6,177.14. The JCI had initially opened up 39.91 points, or 0.65 percent, at 6,217.05, but selling pressure from the morning session meant the gains were short-lived. Trading data showed the JCI’s high for the morning session was at 6,226.72, while the lowest position touched 6,113.76. Head of Research at Kiwoom Sekuritas Indonesia, Liza Camelia Suryanata, stated that the JCI’s movement still has the potential to move sideways with a consolidation tendency. She noted that investors are currently still observing various global developments that could influence market direction. One factor is the dynamics of the relationship between the United States and Iran, which remains a concern for market participants. Although communication between the two countries is ongoing, the implementation of a peace agreement is considered fragile, meaning risks to the energy market and global inflation have not fully subsided. Additionally, the market is also highlighting the development of the Russia-Ukraine conflict, which has heated up again following warnings about the potential for a massive attack from Russia. From the United States, investors are awaiting further signals regarding the direction of the Federal Reserve’s interest rate, after the results of the previous Federal Open Market Committee (FOMC) meeting were deemed more hawkish than market expectations. Domestically, investor attention is focused on the announcement of the Annual Market Classification Review from MSCI, scheduled for 24 June 2026. The announcement is considered crucial as it will determine whether Indonesia maintains its status in the Emerging Market category or potentially drops to Frontier Market status. Furthermore, the market is responding to several government policies, including the implementation of the B50 biodiesel programme, which will take effect on 1 July 2026. This policy is expected to provide positive sentiment for the energy and palm oil-based commodity sectors.