Publication
Index Report
April 2026
In April 2026, the Indonesian stock market faced significant pressure amid rising global risk-off sentiment, a stronger U.S. dollar, persistently high global interest rates, heightened geopolitical uncertainty, and the global economic slowdown. Domestically, the depreciation of the rupiah and continued foreign fund outflows further weighed on the market, causing the Jakarta Composite Index (JCI) to decline sharply by 19.55% year-to-date (YTD). Market pressure was also exacerbated by concerns over the potential reduction in the weighting of Indonesian equities ...
March 2026
In March 2026, the Indonesian stock market, as reflected by the Jakarta Composite Index (JCI), entered a phase of significant correction and heightened volatility, with a decline of approximately 18.49% year-to-date (YTD). This downturn was driven by a combination of global and domestic factors. On the external side, expectations of higher-for-longer interest rates, a stronger US dollar, and escalating geopolitical tensions weighed on market sentiment. ...
February 2026
As of the end of February 2026, the Indonesian stock market faced pressure amid rising global economic uncertainty, shifts in international interest rates, and increasingly volatile foreign capital flows. This condition is reflected in the performance of the Jakarta Composite Index (JCI), which recorded a correction of approximately 4.76% year-to-date (YTD). Market volatility was also influenced by growing investor caution toward risk assets and ...
January 2026
In January 2026, the Indonesian equity market experienced heightened volatility and ended the month in correction territory, as the early-year rally failed to sustain. By the end of January, the Jakarta Composite Index (JCI) had declined by 3.67% year-to-date (YTD), driven by profit-taking activities, external pressures, and a more defensive stance from foreign investors. Market volatility intensified amid MSCI’s scrutiny of Indonesia’s capital market ...