JCI Jumps 1.19 Percent on Economic Optimism

RRI.CO.ID, Jakarta - The Indonesia Stock Exchange (IDX) closed significantly higher on Wednesday, February 18, 2026, as investors expressed confidence in the resilience of the domestic economy.

The Jakarta Composite Index (JCI) rose 97.96 points, or 1.19 percent, to 8,310.23, while the LQ45 index of 45 blue-chip stocks gained 8.86 points, or 1.07 percent, to 838.53.

“The JCI closed higher, driven by optimism following the long holiday. Expectations of solid economic conditions, anticipation of issuer performance, and dividend distributions were among the factors supporting this optimism,” said Ratna Lim, Head of Research at Phintraco Sekuritas, in Jakarta on Wednesday, as quoted by Antara.

Domestically, investors are awaiting the outcome of Bank Indonesia’s Board of Governors’ Meeting scheduled for Thursday.

The central bank is expected to maintain its benchmark BI Rate at 4.75 percent, with the Deposit Facility Rate at 3.75 percent and the Lending Facility Rate at 5.5 percent. Market participants are also anticipating January 2026 credit growth data, projected to remain stable at around 9.6 percent.

Regional sentiment was supported by Japan’s commitment to invest nearly USD 36 billion in U.S. energy and mineral projects in Texas, Ohio, and Georgia. The investment is part of a broader trade agreement under which Japan pledged USD 550 billion in U.S. projects in exchange for tariff reductions to 15 percent.

The Nikkei index rose 577.30 points, or 1.02 percent, to 57,143.80, while markets in Shanghai, Hong Kong, and Singapore remained closed for Lunar New Year 2577 Kongzili celebrations.

Trading on the IDX was marked by broad-based gains, with all eleven industrial sectors ending in positive territory.

The transportation and logistics sector led with a 3.12 percent increase, followed by energy at 2.31 percent and non-primary consumer goods at 1.86 percent. Shares recording the largest gains included BIPI, PART, INDS, BULL, and PSKT, while HILL, KPIG, SOFA, SGRO, and BAIK posted the steepest declines.

Transaction volume reached 3,201,815 trades, with 52.75 billion shares exchanged, totaling IDR 25.33 trillion. Of the listed stocks, 454 advanced, 216 declined, and 145 remained unchanged. ***