The continued increase in COVID-19 cases in Indonesia drove the correction in the Jakarta Composite Index at the opening of trading on Wednesday (16/6) by 17.6 points.

"The start of the full capacity of hospitals and the tightening of PSBB have become negative sentiments for the Indonesia Stock Exchange, after yesterday receiving positive sentiment from the trade balance surplus of US$2.3 billion," said PT Samuel Sekuritas Research in Jakarta.

He added that it was difficult for the JCI to increase amid market participants waiting for the FOMC meeting results and the results of the Bank Indonesia Board of Governors' Meeting this week, which will determine the interest rate.

On the other hand, investors will also pay close attention to the planned meeting between the US and Russia soon.

At the opening of trading this Wednesday, the JCI corrected 17.6 points (0.29%) to 6,071.44. Meanwhile, the leading stock index LQ45 fell 5.14 poin