JCI Rises Amid Ceasefire News

Rendy Andriyanto
Rendy Andriyanto
Gotrade Team
Reviewed by Gotrade Internal Analyst
JCI Rises Amid Ceasefire News

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Gotrade News - The Jakarta Composite Index (JCI) opened stronger on the trading session of Tuesday (04/07/2026), reaching 7,002.77. This uptick occurred amid global uncertainties due to the U.S.-Iran conflict. Investors are advised to remain cautious about potential market corrections in the near future.

  • News of a U.S.-Iran ceasefire has sparked temporary positive sentiment.
  • JCI may face corrections if it fails to break the 7,050 level.
  • Monitoring global escalation remains crucial.

The JCI rose by 11.85 points, or about 0.17%, driven by a trading volume of 1 billion shares. Transactions reached Rp420 billion with a total of 79,159 transactions. The ceasefire news between the U.S. and Iran also boosted market sentiment.

A total of 315 stocks rose, while 131 stocks declined. This condition indicates a sense of optimism, although the threat of correction still looms over the JCI. The Head of Retail Research at BNI Sekuritas stated that the JCI has the potential to rebound to the 7,020-7,050 level.

Previously, the JCI closed down 0.53% to 6,989. This decline was related to net foreign sales of stocks reaching Rp611 billion. Stocks such as BBRI, BMRI, and BBCA were among the most sold.

Meanwhile, global markets showed mixed movements. In the U.S., Wall Street strengthened on hopes of a ceasefire. This led to increases in the S&P 500, Nasdaq Composite, and Dow Jones indices.

In the Asia-Pacific region, stock markets also showed mixed results. Japan's Nikkei 225 rose by 0.55%, while the Topix index slightly weakened. Although there's hope for a short-term solution, complications could arise if a peace agreement isn't reached.

Fanny Suherman from BNI Sekuritas suggests that the JCI should be cautious if the 7,050 level cannot be surpassed. A correction scenario could occur with support levels in the 6,850-6,900 range. The ceasefire news does offer hope, but investors are still advised to monitor the latest developments closely.


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Featured Image: GPT Image 1.5

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