Indonesian shares slipped 50 points, or 0.7%, to 7,056 in Tuesday morning trade, marking losses for a seventh straight session and hovering near a three-week low. Sentiment stayed fragile as prospects for ending the Middle East conflict appeared dim. Iran reportedly offered to halt attacks on ships in the Strait of Hormuz in exchange for a full end to the war, but President Trump voiced skepticism. Locally, concerns mounted after the government’s emergency fund shrank by more than Rp300 trillion, raising fears over Indonesia's fiscal health and a potential financial crisis. Still, weakness was offset by optimism that the IDX Composite has entered oversold territory, with analysts flagging rebound potential. Losses were broad-based, led by non-cyclicals, transport, and energy. Major laggards included Bank CIMB Niaga (-8.9%), MNC Digital (-7.8%), and Triputra Agro Persada (-4.3%). Focus now shifts to the U.S. Fed’s rate decision and key domestic data on April inflation and March trade.
Indonesia's main stock market index, the JCI, fell to 7072 points on April 28, 2026, losing 0.49% from the previous session. Over the past month, the index has declined 0.28%, though it remains 4.78% 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 April 28 of 2026.
Indonesia's main stock market index, the JCI, fell to 7072 points on April 28, 2026, losing 0.49% from the previous session. Over the past month, the index has declined 0.28%, though it remains 4.78% 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 6958.52 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 6241.87 in 12 months time.