KJ7.SI down 8.06% on 29 Jan 2026: Xtrackers MSCI Indonesia (SES) vs SGD 11.43

KJ7.SI stock fell 8.06% to S$12.43 at market close on 29 Jan 2026, making it one of the top losers on the Singapore Exchange (SES). Trading volume surged to 11,684.00 shares versus an average of 1,125.00, signalling heavy selling. The ETF tracks the MSCI Indonesia TRN Index and shows a large reversal from an intraday high of S$13.78, with a year high of S$14.99 and a year low of S$11.00. We break down the drivers, technicals, Meyka grade, and the forecasted downside versus short term support

KJ7.SI stock: Intraday price action and market facts

KJ7.SI stock closed at S$12.43, down 8.06% on 29 Jan 2026, after opening at S$13.78 and trading between S$12.34 and S$13.78. Volume hit 11,684.00 versus an average volume of 1,125.00, giving a relative volume of 10.39. Market capitalisation stands at S$43,294,709.00 with 3,483,082.00 shares outstanding. The ETF lists on SES, settles in SGD and tracks the MSCI Indonesia TRN Index by swap replication

KJ7.SI stock: Likely drivers behind today’s selloff

There was no company earnings release for KJ7.SI today, and the move looks driven by index reweighting and Indonesia market pressure. The ETF’s swap structure exposes holders to counterparty and market liquidity shifts. Sector flows into Financial Services slowed this session, and profit taking from a recent high of S$14.99 likely accelerated the decline

KJ7.SI stock: Technical indicators and valuation snapshot

Technically KJ7.SI shows neutral momentum with an RSI of 56.35 and MACD near 0.03. The 50-day average is S$13.70 and the 200-day average is S$13.54, both above the close. Bollinger middle band sits at S$13.66. Fund-level metrics include EPS 0.44 and a P/E of 28.50, higher than the Financial Services sector average P/E of 14.24, reflecting concentrated exposure to higher multiple Indonesian names

Meyka AI rates KJ7.SI with a score out of 100 and forecast

Meyka AI rates KJ7.SI with a score out of 100: 63.48 | Grade B | Suggestion HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a yearly price of S$11.43, a quarterly price of S$11.40, and a monthly price of S$12.22. Versus the current close of S$12.43, the model implies a -8.05% downside to the yearly target and -1.69% to the monthly target. Forecasts are model-based projections and not guarantees

KJ7.SI stock: Risks, liquidity and trading notes

KJ7.SI has low average liquidity with avg volume 1,125.00, so spikes like today can widen spreads. Key risks include swap counterparty exposure, IDR/SGD currency swings, Indonesian equity concentration risk and active flows in Financial Services stocks. Traders should note the ETF’s intraday volatility (ATR 0.14) and watch support near the year low S$11.00

KJ7.SI stock: Price targets and scenario planning

Near-term support and model targets frame price expectations. Conservative support sits at S$11.40 (quarterly forecast) and the base case yearly model target is S$11.43. A recovery case would see a retest of the S$13.50 area near the 50-day average. A downside scenario tracks the 3-year model of S$8.31 if Indonesian equities reprice further

Final Thoughts

KJ7.SI stock dropped 8.06% to S$12.43 at market close on 29 Jan 2026, led by heavy volume and market-specific pressure in Indonesian equities. Technicals show neutral momentum but short-term bias is lower after the break below the Bollinger middle band at S$13.66 and a 50-day average at S$13.70. Meyka AI rates the ETF 63.48 / 100 (Grade B, HOLD) and the model projects a yearly target of S$11.43, implying about -8.05% downside versus today’s price. Given the ETF’s low average liquidity (1,125.00) and swap structure, investors should weigh currency and counterparty risks before adding exposure. For active traders, a close back above S$13.70 would ease short-term pressure. This analysis uses Meyka AI as an AI-powered market analysis platform; forecasts are model outputs and not guarantees

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Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.