JAKARTA –Jakarta Composite Index (JCI) dropped by 3.31%, or 214.85 points, to 6,270.60 during trading on Friday (28/2). This marks the lowest level for the JCI since October 4, 2024, when it was at 6,342.69.

Iman Rachman, President Director of the Indonesia Stock Exchange (IDX), stated that as a Self-Regulatory Organization (SRO), the IDX will hold a meeting with several market players on Monday (3/3).

“As an SRO, we have a role in this ecosystem, and we will discuss with market players what can be done,” Iman said to reporters at the IDX building today.

In addition, Iman mentioned that the IDX will meet with the Financial Services Authority (OJK) to find short-term solutions in response to recent capital market dynamics.

“We are not standing still. We will look at what steps can be taken,” Iman added.

According to data from IDNFinancials.com, JCI has plunged 12.14% year-to-date (ytd) from its level of 7,163.21 earlier this year. (KR/ZH)