US President's Threat Causes Sharp Decline in JCI and Asian Markets (Tuesday, August 26, 2025)
- A Small Font
- A Medium Font
- A Bigger Font
The Jakarta Composite Index (JCI) closed down 0.27% to 7,905.76 at the close of trading on Tuesday (26/8/2025).
"Negative sentiment stemmed, among other things, from the correction of the regional Asian stock market index," said the research team at Pilarmas Investindo Sekuritas, as quoted by Antara, Jakarta.
Asian markets were indeed observed to be negative today. The Hang Seng Index fell 1.18% to 25,524.92; the Nikkei 225 Index fell 0.97% to 42,394.39; the SSE Composite Index closed down 0.39% to 3,868.38; and the Straits Times Index STI fell 0.30% to 4,243.71.
The majority of the decline is attributed to threats from the President of the United States (US), Donald Trump, who will impose a 200% import tariff if China does not export rare earth minerals to the US.
President Trump also threatened to impose tariffs on countries that do not abolish digital taxes and related regulations.
Based on the IDX-IC Sectoral Index, 7 stock sectors closed down today. The basic materials sector fell the most, by 1.43%. This was followed by the properties and real estate sector, which weakened by 1.38%, and the financials sector, which fell by 0.69%.
Meanwhile, 4 stock sectors closed higher. The energy sector led with a 2.46% increase. This was followed by the healthcare sector, which grew by 1.45%, and the industrials sector, which rose by 1.13%.
According to RTI Business data, 266 stocks closed higher today, 393 stocks weakened, and 145 stocks were stagnant.
The frequency of domestic stock trading today reached 2.35 million transactions. A total of 56.64 billion shares changed hands, with a total transaction value of Rp 45.8 trillion.
Today's top gainer was DFAM, which soared by 34.38%. This was followed by JARR, which surged 24.77%, and OASA, which strengthened by 24.27%.
Meanwhile, FILM became the top loser after plunging 14.93%, followed by LPKR and SSTM, which each fell 12.03% and 10.97%, respectively.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."