The JCI Closes Lower After BI Holds Interest Rates (Thursday, February 19, 2026)

The Jakarta Composite Stock Price Index (JCI) or IHSG fell 0.43% to 8,274.08 at the close of trading on Thursday (19/2/2026).

The decline occurred after Bank Indonesia (BI) announced that it would maintain the benchmark interest rate at 4.75%, the deposit facility at 3.75%, and the lending facility at 5.50%.

"This decision is consistent with the current policy focus on efforts to strengthen the stabilization of the rupiah exchange rate amidst the persistence of high uncertainty in global financial markets," said Bank Indonesia Governor Perry Warjiyo, as reported by Katadata.co.id (19/2/2026).

Based on the IDX-IC Sector Index, five stock sectors corrected today. The technology sector fell the most by 1.16%, followed by the financial sector and the property sector, which each declined by 1.03% and 0.70%.

Meanwhile, six other stock sectors strengthened. The commodities sector rose 2.85%, followed by the transportation and energy sectors, which each grew by 1.92% and 0.82%.

According to RTI Business data, the frequency of domestic stock trading today was 3.33 million transactions, with a total of 53.30 shares changing hands, and a transaction value of Rp26.24 trillion.

A total of 366 stocks closed lower today, while 326 stocks strengthened and 127 stocks stagnated.

The top losers today were SSTM, which plummeted 14.96%, followed by ROCK and VISI, which each corrected by 14.85% and 14.79%.

On the other hand, the stock with the code KOCI became the top gainer after soaring 35%, followed by BRRC, which rose 34.04%, and ASHA, which surged 28.77%.

In contrast to the IHSG, most Asian stock markets closed higher this afternoon. The Nikkei Index rose 0.57% to 57,467.83; the Hang Seng Index rose 0.52% to 26,705.94; the Strait Times Index rose 1.28% to 5,001.56; while the Shanghai Index fell 1.26% to 4,082.07.