JCI closed weaker by 52.18 points or 0.82 percent to the position of 6,318.50.

At 09:45 AM Jakarta time, the JCI rose 54.58 points, or 0.86 percent, to 6,425.26 after initially opening lower.

JCI closed weaker by 52.18 points or 0.82 percent to the position of 6,318.50.

The Jakarta Composite Index (JCI) closed lower on Thursday, pressured by the basic materials and energy sectors.

Investor sentiment remains pressured by rupiah movements, foreign outflows, US-Iran tensions, and domestic policy uncertainty.

Despite the weakening of the JCI this week, Finance Minister Purbaya Yudhi Sadewa remains optimistic that the index will strengthen next week.