Research
20 May 2026 NEW!
The JCI closed down 3.46% at 6,370, still pressured by selling in conglomerate-related ...
Research
19 May 2026
The JCI closed down 1.85% at 6,599.24, pressured by selling in conglomerate-related sto...
20 May 2026 NEW!
The JCI closed down 3.46% at 6,370, still pressured by selling in conglomerate-related stocks and foreign outflows amid market anticipation over the May 2026 MSCI rebalancing, particularly in DSSA, BREN, TPIA, and AMMN, which continued to face heavy selling pressure.
19 May 2026
The JCI closed down 1.85% at 6,599.24, pressured by selling in conglomerate-related stocks and foreign outflows amid market anticipation over the May 2026 MSCI rebalancing. DSSA remained under significant selling pressure, while BREN and AMMN began showing signs of recovery during the second trading session.
18 May 2026
The JCI closed in the red zone, falling 1.98% to 6,723.3, pressured by sell-offs in conglomerate stocks, particularly Barito Renewables Energy (BREN) and Dian Swastatika Sentosa (DSSA), alongside foreign outflows as the market anticipates several deletions from the MSCI Indonesia index.
13 May 2026
The JCI Composite closed in the red zone at 6,858.9 as selling pressure on conglomerate stocks continued amid market anticipation over the potential deletion of several stocks from the MSCI Indonesia index. In addition to investor concerns over domestic risks related to the exchange rate and policies perceived as less supportive toward investors—especially given the IHSG’s underperformance compared to regional peers—sentiment surrounding MSCI deletions involving several Indonesian big caps such as AMMN, TPIA, BREN, DSSA, and CUAN, along with AMRT’s downgrade to small cap status, is expected to create significant selling pressure on the IHSG. If market participants panic, selling pressure from these names could trigger a broader market decline, potentially testing the IHSG at 6,500. Investors may use this opportunity to accumulate fundamentally strong and sufficiently discounted stocks as a portfolio hedging strategy.
