JSX Plummets to 7,137 Level as Major Banking Stocks Come Under Pressure
Jakarta — The Jakarta Composite Index (IHSG) closed significantly weaker on Friday 13 March 2026. According to Indonesia Stock Exchange (BEI) data, the IHSG fell 224.91 points or 3.05 per cent to the level of 7,137.21.
The IHSG opened at 7,338.82, lower than the previous close of 7,362.12. Throughout trading, the index moved between 7,132.21 and 7,350.28.
Total trading volume reached 27.08 billion shares with transaction value around IDR 14.02 trillion and frequency of 1.578 million times. Market capitalisation stood at IDR 12.677 trillion.
Several main indices also weakened significantly. The LQ45 fell 22.86 points or 3.04 per cent to 728.33, the KOMPAS100 fell 32.34 points or 3.17 per cent to 988.58, whilst the IDX30 fell 8.64 points or 2.16 per cent to 391.86.
The Sharia-based Jakarta Islamic Index (JII) fell 19.35 points or 3.93 per cent to 472.40, the JII70 weakened 6.39 points or 3.43 per cent to 179.74, and the Indonesia Sharia Stock Index (ISSI) fell 9.92 points or 3.83 per cent to 249.32.
The transport and raw materials sectors also came under pressure, each declining 3.87 per cent. The infrastructure and cyclical sectors weakened 3.64 per cent and 3.55 per cent respectively, whilst the energy sector fell 2.86 per cent.
Several big cap stocks recorded mixed movements. Banking stocks such as PT Bank Mandiri Tbk (BMRI) weakened 4.23 per cent to IDR 4,750, whilst PT Bank Rakyat Indonesia Tbk (BBRI) fell 1.68 per cent to IDR 3,510.
PT Bank Central Asia Tbk (BBCA) fell 0.36 per cent to IDR 6,875 per share and PT Bank Negara Indonesia Tbk (BBNI) fell 0.93 per cent to IDR 4,240 per share.
Meanwhile, energy and mining stocks such as PT Adaro Andalan Indonesia Tbk (AADI) strengthened 1.97 per cent, and Adaro Minerals Indonesia (ADMR) rose 3.19 per cent.
Other commodity stocks came under pressure. PT Aneka Tambang Tbk (ANTM) fell 2.06 per cent to IDR 3,810, PT Vale Indonesia Tbk (INCO) weakened 6.22 per cent to IDR 5,650, and PT Indofood Sukses Makmur Tbk (INDF) fell 2.48 per cent to IDR 5,900.
Several other consumer and technology stocks also underwent correction. PT Unilever Indonesia Tbk (UNVR) fell 1.06 per cent to IDR 1,870 per share, whilst PT Telkom Indonesia Tbk (TLKM) weakened 1.66 per cent to IDR 2,970 per share.
PT Indosat Tbk (ISAT) fell 6.54 per cent to IDR 2,000 per share, and PT Amman Mineral Internasional Tbk (AMMN) fell 10.41 per cent to IDR 4,950 per share.