JCI's Downward Trend Continues (Friday, January 23, 2026)

The Jakarta Composite Index (JCI) or IHSG closed down 0.46% at 8,951.01 on Friday (January 23, 2026), continuing the downward trend observed since Wednesday (January 21, 2026).

Based on the IDX-IC Sectoral Index, 9 out of 11 stock sectors declined today. The transportation sector fell the deepest by 2.29%, followed by the consumer discretionary sector and the industrial sector, which shrank by 2.25% and 1.53% respectively.

Meanwhile, two other sectors gained, namely the health sector and the infrastructure sector, which rose by 0.64% and 0.17% respectively.

According to RTI Business data, the frequency of stock trading on the domestic exchange today was 3.32 million transactions. A total of 64.16 billion shares changed hands with a total transaction value of Rp32.05 trillion.

A total of 495 stocks closed lower today, while 191 stocks gained, and 118 stocks remained stagnant.

The issuer with code UANG became the top loser after plummeting 15%, followed by KIOS, which weakened by 14.95%, and PTRO, which plunged by 14.85%.

Meanwhile, today's top gainer was LMPI, which soared 34.67%, followed by RMKO and BAIK, which rose by 24.91% and 24.62% respectively.

Unlike the IHSG, Asian stock exchanges generally closed in the green this afternoon. The Nikkei Index rose 0.29% to 53,846.87; the Hang Seng Index rose 0.45% to 26,749.51; the Shanghai Composite Index rose 0.33% to 4,136.16; and the Straits Times Index rose 1.31% to 4,891.45.