Jakarta Stocks Jump 1.3% as Investors Eye Danantara Export Rollout, Inflation Data
Jakarta. Jakarta Composite Index (JCI) jumped 83 points, or 1.33%, to 6,210 at Tuesday's opening bell, extending gains as investors assessed the rollout of Indonesia's new export reporting mechanism and awaited the release of key inflation data.
The benchmark index traded within a range of 6,183 to 6,252 during early trading.
After 10 minutes of trading time, RTI data showed trading volume had reached 4.9 billion shares, with turnover totaling Rp 4.27 trillion ($238 million) from more than 384,000 transactions. Gainers outnumbered losers 343 to 243, while 244 stocks were unchanged.
Phintraco Sekuritas said exports of three key commodities -- coal, crude palm oil, and ferroalloys -- through Danantara Sumber Daya Indonesia (DSI) officially began on June 1. The implementation marks a transition period during which exporters are required to report their export activities through DSI.
"Investors will pay close attention to the transparency of the policy's implementation and how it affects the performance of related listed companies," Phintraco Sekuritas said.
The brokerage also highlighted the government's plan to provide tax incentives for exporters that place proceeds from natural resource exports (DHE SDA) in the domestic financial system. The Finance Ministry will offer lower income tax rates, with the rate determined by how long exporters keep their funds onshore, potentially reaching zero percent.
"Exporters will benefit from lower tax costs, competitive interest rates, and the ability to use the funds as loan collateral. Banks, meanwhile, will gain access to low-cost foreign currency funding and stronger liquidity," Phintraco Sekuritas said.
Investors are also awaiting Indonesia's May inflation data scheduled for release later on Tuesday. Phintraco Sekuritas expects annual inflation to accelerate to 3.1% from 2.42% in April, while monthly inflation is forecast to rise to 0.2% from 0.13%.
Regional markets were mostly weaker as of 9 a.m. Jakarta time. Japan's Nikkei fell 1.30% and South Korea's Kospi lost 1.48%. Hong Kong's Hang Seng gained 0.20%, while China's Shanghai Composite edged down 0.05%.
On Wall Street overnight, the S&P 500 rose 0.3%, extending gains after setting a record high on Friday. The Dow Jones Industrial Average added 46 points, or 0.1%, while the Nasdaq Composite climbed 0.4%, with both indexes also reaching fresh highs.
Read More:
JCI Defies MSCI Selloff Fears, Ends FlatRelated Articles
Palm Oil Exports Soar Double-Digits as New Trade System Begins
Palm oil producers are keeping their fingers crossed that the new one-gate trade regime will not scare away foreign buyers.
Manufacturing Recovery Fuels JCI's 1.11% Gain
JCI rose 1.11% on Tuesday as manufacturing activity returned to growth and inflation remained within target.
Indonesia’s Surplus Falls to $89.1 Million as Imports Rise
In April 2026, exports hit $25.30 billion, while imports came close at around $25.21 billion.
Jakarta Stocks Jump 1.3% as Investors Eye Danantara Export Rollout, Inflation Data
JCI rose 1.3% at Tuesday's open as investors assessed Danantara's export policy rollout and awaited May inflation data.
A High-Stakes Gamble: State’s Move to Centralize Exports
Indonesia's new export SOE DSI aims to curb leakages, but questions remain over its capacity and governance.
Exporters Endorse State Export Agency DSI, Seek Gradual Rollout
Indonesia’s leading business groups backed Prabowo’s export reform plan while calling for a gradual and transparent rollout.
Indonesia Launches Single-Gate Export System for Palm Oil, Coal, and Ferroalloys
Indonesia has begun rolling out a centralized export system for key commodities to boost transparency and state revenue.
Optimizing Indonesia’s Strategic Natural Resource Exports through Stronger Governance
Indonesia creates a state-controlled exporter for coal, palm oil, and other strategic commodities.
Indonesia Cuts CPO Reference Price by $20 as One-Gate Export Nears
Indonesia has cut the CPO reference price to $1,029.51 per metric ton as the one-gate export system nears.
Barito Group Rally Helps Limit JCI Losses
The Jakarta Composite Index fell 0.56% in a holiday-shortened week as foreign investors sold Rp 8.52 trillion worth of stocks.The Latest
Prabowo Replaces National Nutrition Agency Chief in Surprise Leadership Shake-Up
President Prabowo replaced the leadership of Indonesia’s National Nutrition Agency in a surprise shake-up of a key flagship program.
Indonesia’s Trade Surplus Falls to Six-Year Low as Oil Imports Surge
A sharp increase in crude oil and fuel imports pushed Indonesia’s April trade surplus to its lowest level in six years.
Rupiah Slides to Rp 17,839 Amid Geopolitical Uncertainty
Rupiah weakened to Rp 17,839 per US dollar as Middle East tensions and US trade policy uncertainty rattled markets.
Palm Oil Exports Soar Double-Digits as New Trade System Begins
Palm oil producers are keeping their fingers crossed that the new one-gate trade regime will not scare away foreign buyers.
Indonesia’s Creative Economy Attracts Rp 61.3 Trillion in Q1 Investment
The creative economy sector attracted Rp 61.3 trillion in Q1 investment, with foreign investors accounting for 71% of the total.Most Popular
