Short Selling Reintroduced, JCI Rises 0.16%

Jakarta, CNBC Indonesia - The Indonesia Composite Index (JCI) managed to reverse direction and move into the green at the start of today’s trading. Based on Stockbit data at 09:02 WIB, the JCI stood at the 6,081.09 level, up 9.95 points or 0.16% compared to the previous trading close of 6,071.14.

This strengthening occurred after the index faced pressure during the first few minutes of trading. The JCI opened at 6,062.89, lower than the previous close, and touched a daily low of 6,062.81. However, this pressure did not last long. The index continued to climb, reaching a high of 6,085.17, before eventually stabilising around the 6,081 level.

In terms of trading activity, as of 09:02 WIB, a transaction volume of 47.47 million lots was recorded, with a transaction value reaching Rp545.4 billion. Compared to the 09:00 WIB data, when volume was recorded at 35.76 million lots and transaction value at Rp335.62 billion, trading activity increased significantly in just two minutes.

Entering today’s trading, Thursday (1/10/2026), domestic market participants will be closely monitoring various sentiments from both local and international sources. Domestically, attention is focused on the release of manufacturing PMI, the trade balance, and inflation.

Furthermore, the Indonesia Stock Exchange (IDX) has implemented short selling policies starting today, 1 October 2026. The President Director of the Indonesia Stock Exchange, Jeffrey Hendrik, stated that investors wishing to engage in transactions under this scheme must possess a minimum initial capital of Rp50 million.

Investors intending to use the short selling scheme must first register with a securities firm or Exchange Member (AB) that provides such services. Additionally, investors must have held a regular account for at least six months before they are eligible to use the short selling scheme.

The stocks eligible for these transactions include five companies: PT Astra International Tbk. (ASII), PT Bank Central Asia Tbk. (BBCA), PT Barito Pacific Tbk. (BRPT), PT Bumi Resources Tbk. (BUMI), and PT Indofood Sukses Makmur Tbk. (INDF).

Currently, only two securities firms provide this service: Semesta Indovest Sekuritas and Ajaib Sekuritas.

Regarding external sentiments, ongoing war developments continue to shadow the market, amidst strengthening Chinese manufacturing, US PCE inflation that was lower than expected, and an upward revision of US economic growth.