JCI Plummets Despite Danantara's Reported Involvement in the Stock Exchange (Monday, February 2, 2026)

The Daya Anagata Nusantara Investment Management (Danantara) will actively trade on the Indonesian stock exchange in the next six months.

Danantara's presence on the stock exchange is expected to attract other investors, particularly institutional investors.

"Our initial strategy in the next six months will be through investment managers. It's not direct, because we also want to crowd in existing players," said Danantara's Chief Investment Officer (CIO), Pandu Sjahrir, as reported by Katadata.co.id, Monday (2/2/2026).

According to Pandu, Danantara has been entering the Indonesian stock market since December 2025. The intensity will be significantly increased, with an acceleration plan starting Monday (2/2/2026).

However, the Jakarta Composite Stock Price Index (JCI) or IHSG closed today with a plunge of 4.88% to a level of 7,922.73.

Based on the IDX-IC Sector Index, all 11 stock sectors were corrected today. The commodities sector fell the most by 10.74%, followed by the non-primary consumer goods sector and the energy sector, which each fell by 7.67% and 7.66%, respectively.

According to RTI Business data, the frequency of stock trading in the country today was 2.95 million transactions, with a total of 50.42 billion shares changing hands, and a transaction value of Rp29.18 trillion.

The majority of 720 stocks closed lower today, followed by 58 stocks that rose, and 36 stocks stagnated.

The issuers with codes NSSS, GTSI, and ENRG became top losers after each plummeting 15%.

Meanwhile, today's top gainers were INTD, which soared 24.80%, followed by SOHO and SWID, which rose 24.79% and 17.95%, respectively.

In line with the IHSG, Asian stock markets generally ended in the red today. The Nikkei Index fell 1.25% to 52,655.18; the Hang Seng Index fell 2.23% to 26,775.57; the Shanghai Index fell 2.48% to 4,015.75; and the Strait Times Index fell 0.26% to 4,892.27.