The JCI Weakened Amid Rising Global Uncertainty (Tuesday, February 24, 2026)

The Jakarta Composite Index (JCI) or IHSG fell by 1.37% to 8,280.83 at the close of trading on Tuesday (24/2/2026).

According to Phintraco Securities' Head of Research, Ratna Lim, today's index decline was influenced by market participants' response to global uncertainties.

"The IHSG and the rupiah closed lower amid increasing global uncertainties," said Ratna, as reported by Antara (24/2/2026).

According to Ratna, the uncertainty over the United States' (US) trade tariff policies and the prospect of still relatively tight US interest rates led to a strengthening of the US dollar index.

These uncertainties also prompted a correction in gold prices, as market participants took profits.

Based on the IDX-IC Sectoral Index, 10 out of 11 stock sectors corrected today. The energy sector fell the most, by 3.50%, followed by the non-primary consumer goods sector and the infrastructure sector, which each dropped by 3.12% and 2.29%.

Meanwhile, only one stock sector rose, namely the financial sector, which climbed by 1.02%.

According to RTI Business data, today's domestic stock trading frequency was 3.41 million transactions, with a total of 60.76 billion shares changing hands, and a transaction value of Rp29.57 trillion.

A total of 567 stocks closed lower today, while 153 stocks rose and 99 stocks stagnated.

Today's top losers were SSTM, which plummeted by 15%, followed by RMKO and BLUE, which each corrected by 14.94% and 14.90%.

On the other hand, the stock with the code ASHA became the top gainer after soaring by 28.05%, followed by AIMS, which rose by 25%, and MEGA, which surged by 24.70%.

Asian stock markets closed mixed this afternoon. The Nikkei index rose by 0.87% to 57,320.90; the Hang Seng index fell by 1.82% to 26,590.32; the Shanghai index rose by 0.87% to 4,117.41; and the Strait Times index fell by 0.41% to 5,020.79.