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 portfolio adjustments at the beginning of the year. Throughout February, market attention was also focused on structural reform initiatives introduced by the Indonesia Stock Exchange (IDX) and the Financial Services Authority (OJK) in response to the evaluation by MSCI Inc. These initiatives include plans to increase the minimum free float threshold to 15% and to strengthen disclosure requirements for significant shareholders
