Indonesia's JCI Drops 4.55 Percent Amid Continued Foreign Selling
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- Indonesia's Jakarta Composite Index (JCI) closed Friday at 5,896, a 4.55 percent drop from the previous week's close of 6,177.
- Market capitalization fell by 4.51 percent to Rp10.302 trillion, with average daily transaction volume and value also decreasing.
- Foreign investors recorded a net selling value of Rp537.25 billion on Friday and Rp71.681 trillion for 2026, while analysts predict the JCI may test the 5,700-5,800 level next week.
Indonesia's stock market experienced a significant downturn, with the Jakarta Composite Index (JCI) closing at 5,896 on Friday, June 26, 2026. This represents a 4.55 percent decrease compared to the previous week's closing figure of 6,177.
The decline was accompanied by a drop in market capitalization, which fell by 4.51 percent to Rp10.302 trillion from Rp10.788 trillion the week prior. Trading activity also saw a reduction, with average daily transaction frequency down 22.95 percent and average daily transaction volume decreasing by 26.01 percent. The average daily transaction value also experienced a notable decrease of 29.13 percent.
Stock trading data at the Indonesia Stock Exchange (IDX) during the period of June 22 to 26, 2026 closed in the negative zone.
Foreign investors were net sellers throughout the week, recording a net selling value of Rp537.25 billion on Friday alone. For the year 2026, foreign investors have posted a cumulative net selling value of Rp71.681 trillion, indicating a continued outflow of capital from the Indonesian market.
Looking ahead, analysts at Phintraco Sekuritas predict that the JCI could test the 5,700-5,800 level in the coming week. Investors are expected to closely monitor upcoming domestic economic data, including the PMI manufacturing index, trade balance, and inflation figures, for potential market direction.
Investors will await several economic data from domestic sources, namely the PMI manufacturing index, trade balance, and inflation.
Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.