Indonesia’s IDX Composite tumbled 130 points, or 1.5%, to 7,976 in Friday morning trade, extending losses in the prior session after Moody’s Investors Service changed the country’s sovereign credit rating outlook from stable to negative, citing reduced policy predictability and weaker governance under President Prabowo, who took office in October 2024. The agency, meanwhile, affirmed the Baa2 rating. Earlier on Thursday, official data released showed the economy grew 5.11% in 2025, below the government’s 5.2% target despite robust Q4 growth. Still, weakness was capped by fiscal rhetoric, with officials trying to push back against pessimistic deficit narratives and suggesting available policy space. Selling pressure was broad-based, led by energy, financial, and property stocks. Steep decliners included Impact Pratama Industri (-4.7%), Merdeka Copper Gold (-4.3%), Vale Indonesia (-3.6%), and Astra Intl. (-2.2%). Weekly, markets are poised for their third straight drop, down 4% so far.
Indonesia's main stock market index, the JCI, fell to 7916 points on February 6, 2026, losing 2.32% from the previous session. Over the past month, the index has declined 11.50%, though it remains 17.40% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from Indonesia. Historically, the Indonesia Stock Market (JCI) reached an all time high of 9174.47 in January of 2026. Indonesia Stock Market (JCI) - data, forecasts, historical chart - was last updated on February 6 of 2026.
Indonesia's main stock market index, the JCI, fell to 7916 points on February 6, 2026, losing 2.32% from the previous session. Over the past month, the index has declined 11.50%, though it remains 17.40% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from Indonesia. The Indonesia Stock Market (JCI) is expected to trade at 8151.05 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 7292.57 in 12 months time.