Indonesia\u2019s financial markets are expected to revive this week. For\nmore details on today\u2019s market projections and the week ahead, see page\n3 of this article.<\/p>\n
The Composite Stock Price Index (IHSG) closed weaker on Thursday\n(2\/4\/2026). The IHSG fell 157.66 points or -2.19% to 7,027.64.<\/p>\n
A total of 558 stocks declined, 184 rose, and 216 were unchanged.\nTrading value reached Rp 12.3 trillion, involving 23.43 billion shares\nin 1.75 million transactions. Market capitalisation also dropped to Rp\n12,305 trillion.<\/p>\n
Over the week, the IHSG plummeted 1% with net selling reaching Rp\n2.95 trillion.<\/p>\n
Although not detailing the scenario for the US exit from the\nconflict, Trump stated that attacks on Iran would be carried out very\nharshly in the next two to three weeks.<\/p>\n
Meanwhile, in the bond market, the yield on Government Securities\n(SBN) closed at 6.62% on Thursday, the last trading day of the previous\nweek (2\/4\/2026). This yield has actually eased significantly from 6.85%\nin the previous week\u2019s trading.<\/p>\n
The easing of yields signals strengthening SBN prices as they are\nsought by investors.<\/p>\n
From the US stock market, Wall Street closed mixed on last Thursday,\nthe final trading day due to Good Friday.<\/p>\n
The Dow Jones Industrial Average fell 0.13% to 46,504.67 points, the\nS&P 500 rose 0.11% to 6,582.69 points, and the Nasdaq Composite\nstrengthened 0.18% to 21,879.18.<\/p>\n
Weekly, the S&P 500 rose 3.36%, Nasdaq surged 4.44%, and Dow\ngained 2.96%. The small-cap Russell 2000 index rose 3.19%.<\/p>\n
The US stock market was initially shaken but stocks in the US, which\nclosed on Thursday, began to stabilise in the afternoon after Iran\u2019s\nforeign ministry stated it was drafting a protocol with Oman to regulate\ntraffic in the Strait of Hormuz. Additionally, the UK mentioned that\ndozens of countries are discussing ways to end the crisis, thus easing\nconcerns over prolonged disruptions to global oil flows.<\/p>\n
Stocks opened lower amid rising oil prices after US President Donald\nTrump signalled more aggressive attacks ahead of the Good Friday\nholiday, when markets will be closed.<\/p>\n
\u201cThe stock market currently lacks strong conviction in any direction,\nbut October oil prices indicate that the market expects this crisis to\nlikely resolve by autumn,\u201d said Michael Antonelli, market strategist at\nBaird, quoted from Reuters.<\/p>\n
The CBOE Volatility Index, known as Wall Street\u2019s fear gauge, fell to\n23.87 points.<\/p>\n
This recovery reflects investors\u2019 cautious stance. The utilities\nsector, which typically offers stable income and dividends, rose 0.6%.\nReal estate stocks, which often benefit from stable rental income and\nperform well when investors seek certain cash flows amid uncertainty,\nrose 1.5%.<\/p>\n
Conversely, consumer discretionary stocks fell 1.5% and were the\nworst performer that day, led by a 5.4% drop in Tesla following its\nfirst-quarter delivery report.<\/p>\n
On the other hand, concerns in the private credit market have\nre-emerged after Blue Owl limited investor withdrawals from two funds\nfocused on retail investors. The company\u2019s shares were among the most\nactively traded in the final session of the week.<\/p>\n
Trading volume on the US exchange reached 16.75 billion shares,\ncompared to an average of 17.82 billion over the last 20 trading\ndays.<\/p>\n
Further developments regarding Elon Musk\u2019s SpaceX will also be in\nfocus after the company secretly filed for an initial public offering\n(IPO) in the US on Wednesday, targeting a valuation of around US$1.75\ntrillion.<\/p>\n
US nonfarm payroll data on Friday will be noteworthy, after weekly\njobless claims fell last week, although US markets will remain closed\nthroughout the long weekend.<\/p>\n
Globalstar shares surged after reports that Amazon is in talks to\nacquire the low-Earth orbit satellite communications company.<\/p>\n
Early this week, market conditions are expected to remain relatively\nquiet from major data releases.<\/p>\n
War developments, new stock exchange rules, and government press\nconferences will drive the market today.<\/p>\n
War Developments<\/p>\n
US President Donald Trump has posted on social media full of\nexpletives, where he threatened to destroy power plants and bridges in\nIran if the country fails to meet Tuesday\u2019s deadline to reopen the\nStrait of Hormuz to all shipping.<\/p>\n
He repeated previous threats to unleash \u201chell,\u201d but told US media\nthere is a \u201cgood chance\u201d of reaching a deal with Tehran.<\/p>\n
Iran mocked the ultimatum, calling it a \u201cdesperate, nervous, and\nfoolish action.\u201d<\/p>\n
Trump\u2019s latest threat came after he announced that the second crew\nmember from a US fighter jet shot down over Iran has been successfully\nrescued in an operation inside highly dangerous territory.<\/p>\n
After the F-15 aircraft was shot down on Friday, both the pilot and\nthe second crew member ejected, with the pilot found shortly\nafterwards.<\/p>\n
The US and Iran then raced to find the remaining US military\npersonnel in the mountainous region in southwestern Iran.<\/p>\n
This incident occurred after more than a month of war, when Iran\ncontinues to respond to US and Israeli airstrikes with attacks on US and\nIsraeli ally Gulf Arab countries.<\/p>\n
Iran has also halted normal transportation activities through the\nvital Strait of Hormuz, triggering a sharp surge in global oil prices\nand concerns over rising inflation worldwide.<\/p>\n
The closure prompted Trump in March to set a series of deadlines for\nIran to reopen the strait. On Sunday, he reiterated the demand through\nhis Truth Social platform.<\/p>\n
He said: \u201cTuesday will be Power Plant Day and Bridge Day, all at\nonce, in Iran. There will not\u201d<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/beware-impact-of-new-stock-exchange-rules-ojk-and-bbm-announcements-today-1775649150", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }