JCI Under Pressure, Here Are the Stocks on the Radar for Today's Recommendations

The Jakarta Composite Index (JCI) closed lower on Tuesday trading. The index fell 0.89% or 55.19 points to 6,130.58. The index had moved to a high of 6,199.44 after opening at 6,175.19.

Based on data from the Indonesia Stock Exchange (BEI), 265 stocks rose, 360 stocks fell, and 172 stocks remained stagnant. Market capitalisation was recorded at IDR 10,775.76 trillion.

A number of large-capitalisation stocks weighed on the index’s movement. On the other hand, several stocks managed to strengthen, holding back a deeper correction for the JCI.

The weakening occurred as market participants scrutinised the results of the Federal Open Market Committee (FOMC) meeting taking place on 28-29 July 2026. The US central bank’s interest rate policy is one of the key sentiments investors are watching to determine trading direction.

In the previous trading session, shares of DSSA, MORA, and BREN were among those putting pressure on the index. DSSA corrected by 2.92% to IDR 830, while MORA weakened by 2.66% to IDR 6,400 per share. BREN also fell 1.44% to IDR 4,100. Meanwhile, BBCA corrected 1.19% to IDR 6,225, TLKM fell 1.16%, and BBNI weakened 1.14%.

Conversely, several stocks supported the JCI. EMAS rose 2.4%, ASII gained 2.3%, and AMMN grew 1.5%.

Sectorally, six out of eleven sectoral indices were in the red. The property and healthcare sectors recorded the deepest corrections.

Amid the JCI’s sideways movement between the MA20 and MA60 ranges, with the potential to test the 6,074-6,107 correction area, several stocks have entered the radar for technical recommendations. One such stock is ADMR, or PT Adaro Minerals Indonesia Tbk, which is recommended with a Buy on Weakness strategy. The stock previously corrected 0.34% to 1,470 and experienced increased selling pressure. Technically, ADMR is estimated to be forming wave iv in the short term.