RRI.CO.ID, Jakarta - Pressure on Indonesia’s capital market has begun to ease. The Financial Services Authority (OJK) continues to monitor developments amid global uncertainty and shifting investor sentiment.

OJK stated that the domestic stock market remained in a consolidation phase throughout June 2026, influenced by global sentiment, investor perceptions of domestic policies, and portfolio rebalancing.

Executive Director for Capital Markets, Derivatives, and the Carbon Exchange at OJK, Hasan Fawzi, said the market’s resilience remains intact despite pressure on the Jakarta Composite Index (JCI).

“Amid these dynamics, the resilience and liquidity of the domestic capital market remain intact,” Hasan said at a press conference following the Monthly Board of Commissioners Meeting (RDKB) in Jakarta on Tuesday, July 7, as quoted by Antara.

The JCI closed at 5,643.19 at the end of June, down 7.9 percent month-on-month and 34.74 percent year-to-date. The average daily stock trading value reached IDR 22.23 trillion (USD 1.24 billion), slightly lower than May’s IDR 22.86 trillion.

Foreign investors recorded a net sell of IDR 19.63 trillion during the same period. OJK assessed that market activity continued to be supported by adequate liquidity.

Hasan also presented the results of Morgan Stanley Capital International’s (MSCI) Global Market Accessibility Review, released on June 18. Of the 18 criteria assessed, 16 received ratings of “no issues” or “no major issues.”

“Meanwhile, the two criteria requiring further improvement will be part of a constructive evaluation and align with the ongoing reform agenda,” Hasan said.

In its Market Classification Review announced on June 23, MSCI maintained Indonesia’s status as an Emerging Market. OJK welcomed the results while pledging to address aspects that remain a concern for global investors.

“OJK certainly welcomes these assessment results and remains attentive to areas for improvement, as well as recommendations that we will continue to review and follow up on constructively and carefully,” Hasan said.

OJK reaffirmed its commitment to strengthening communication with global index providers, international investors, and capital market stakeholders. Coordination with self-regulatory organizations (SROs) also continues to ensure transaction stability, risk management, and trade settlement.

“The market stabilization policies currently in effect remain relevant and effective in maintaining market stability and confidence,” Hasan said. ***