JCI Strengthens After Trump's Tariff Policy Is Canceled (Monday, February 23, 2026)

The Jakarta Composite Index (JCI) or IHSG rose by 1.50% to 8,396.08 at the close of trading on Monday (23/2/2026).

According to Maximilianus Nico Demus, Associate Director of Research and Investment at Pilarmas Investindo Sekuritas, the index's strengthening was influenced by market participants' optimism about the improvement of the global trade climate, following the United States Supreme Court's decision to overturn President Donald Trump's trade tariff policies.

"The Supreme Court's decision will certainly provide hope and an improvement in the global trade climate," said Nico, as reported by Antara (23/2/2026).

However, Nico noted that market participants will continue to monitor Trump's follow-up policies, as he plans to raise global trade tariffs from 10% to 15%.

Based on the IDX-IC Sectoral Index, all 11 stock sectors strengthened today. The commodities sector led with a rise of 3.31%, followed by the transportation and industrial sectors, which rose by 3.09% and 1.73% respectively.

According to RTI Business data, domestic stock trading frequency today reached 3.04 million transactions. A total of 49.61 billion shares changed hands, with a total transaction value of Rp24.17 trillion.

A total of 468 stocks closed higher today, while 206 stocks weakened and 142 stocks remained stable.

Today's top gainer was DIVA, which surged by 34.72%, followed by YELO and MEGA, which rose by 27% and 24.77% respectively.

On the other hand, the stock with the biggest loss was INDS, which plummeted by 14.75%, followed by HILL, which fell by 13.79%, and SOTS, which corrected by 10.88%.

Asian stock markets closed with mixed results this afternoon. The Nikkei Index fell by 1.12% to 56,852.70; the Hang Seng Index rose by 2.53% to 27,081.91; the Shanghai Composite Index fell by 1.26% to 4,082.07; and the Strait Times Index rose by 0.47% to 5,041.33.