JCI rises 6.04% in May, despite ending in the red

JAKARTA – Jakarta Composite Index (JCI) ended Wednesday’s (28/5) trading session in the red, falling 0.32% to close at 7,175.82.
Stock trading value reached IDR 22.79 trillion across all markets, marking a 71.2% increase from Tuesday (27/5), when it stood at IDR 13.3 trillion.
Large-cap banking stocks continued to lead the Top Value list, with PT Bank Central Asia Tbk (BBCA) posting the highest transaction value at IDR 2.23 trillion on the regular market. Shares of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) followed in second place with IDR 2.06 trillion.
Despite a slight correction today, JCI has recorded a 6.04% increase since the beginning of May 2025. This rise outpaced the 3.93% growth seen in April.
Since the start of the year, JCI has risen by 2.03%.
Composite indexes across ASEAN have shown varied performance year-to-date. Singapore’s STI index rose 2.86% as of Tuesday’s close, while Vietnam’s VNI led the region with a 3.76% gain.
Meanwhile, Thailand’s SET index plunged 16.91%, Malaysia’s KLCI declined 7.07%, and the Philippines’ PSEi slipped 2.21%.
As previously reported by IDNFinancials.com, analysts projected JCI would continue to consolidate around the 7,130 support area in today’s trading. However, as long as the index holds above 7,000, the potential for further gains remains open. (KR/ZH)