JCI Strengthens at Midday Break to 6,043.55

RRI.CO.ID, Jakarta - The Jakarta Composite Index (JCI) on the Indonesia Stock Exchange (IDX) rose during the lunch break on Friday, June 12, 2026. By the close of the first session, the index had gained 2.68 percent, or 157.52 points, to 6,043.55.

The JCI briefly touched a high of 6,057.50, while the low was recorded at 5,952.85.

Earlier, the index opened lower. At the start of trading, the JCI moved into positive territory at 5,960.41, up 74.38 points (1.26 percent) from the previous close.

BNI Sekuritas Head of Retail Research, Fanny Suherman, assessed that the JCI has the potential to continue its short-term technical rebound. “Today, the JCI has the potential to rebound to the 5,900–5,950 range,” Fanny said on Friday, June 12, 2026.

She projected the index would move within a support range of 5,780 to 5,840, with resistance levels estimated between 5,900 and 6,000.

Fanny noted that market sentiment remains influenced by developments in the Middle East conflict. She said the rally in US stocks followed President Donald Trump’s cancellation of plans for an attack on Iran.

“Consequently, oil prices corrected as concerns over energy supply disruptions from the Middle East eased,” she added.

Meanwhile, the Phintraco Sekuritas Analyst Team highlighted several domestic factors weighing on sentiment. One is the decline in annual retail sales growth to 3.7 percent in April 2026. “The drop was caused by weakened consumer purchasing power due to rising prices of non-subsidized fuel,” the team said. (Gusti Panji)