JCI Opens Strengthened 0.71 Percent to 5,917 in First Week of July

RRI.CO.ID, Jakarta - The Jakarta Composite Index (JCI) on the Indonesia Stock Exchange (IDX) rose at the opening of trading on Monday, July 6, 2026, as most Asian stock markets also moved into positive territory.

At the start of trading, the JCI gained 41.8 points, or 0.71 percent, to 5,917. The upward movement reflected market participants’ optimism at the beginning of the week.

Several Asian stock indices also posted gains at the opening, including Hong Kong’s Hang Seng, China’s Shanghai Composite and CSI 300, Japan’s Topix, and Malaysia’s KLCI.

Trading activity was brisk during the Monday morning session. Volume reached 3.32 billion shares, with a total value of IDR 1.56 trillion (approximately USD 86,695.60).

The trading frequency was recorded at 255,190 transactions. A total of 369 stocks rose, 144 fell, and 196 remained unchanged.

The BRI Danareksa Sekuritas team reported that investors are still monitoring several factors influencing market direction, including foreign capital flows, rupiah exchange rate fluctuations, and global sentiment following the US Independence Day holiday.

Domestically, market participants are awaiting the release of several key economic data points this week, which are expected to determine the market’s short-term direction.

“The possibility of a technical rebound remains open as long as the JCI stays above the 5,730 support level,” the BRI Danareksa Sekuritas team stated. The upside target is set at the psychological resistance level of 6,000.

Meanwhile, the Phintraco Sekuritas analyst team believes the rally is also supported by expectations of a delay in US Federal Reserve interest rate hikes. Positive sentiment is further driven by declining global crude oil prices, which are helping ease inflation concerns.

“It is estimated that the JCI has the potential to test the psychological level of 6,000 this week,” the Phintraco team stated, adding that foreign investor selling remains a factor that requires close monitoring. (Gusti Panji)