Jakarta, CNBC Indonesia \u2014 The Composite Stock Price Index (IHSG)\nopened sharply down 1% this morning, on Monday (6\/4\/2026). The index\nfell to the level of 6,945.97, or eroded by 71.81 points.<\/p>\n
A total of 345 stocks declined, 165 rose, and 448 remained unchanged.\nThe transaction value reached Rp355.2 billion, involving 633.4 million\nshares in 78,260 transactions.<\/p>\n
Market capitalisation was also eroded to Rp12,112 trillion.<\/p>\n
The IHSG is still overshadowed by several global and domestic\nsentiments. In the latest developments, US President Donald Trump has\nposted on social media full of abusive language, in which he threatened\nto destroy power plants and bridges in Iran if the country fails to meet\nTuesday\u2019s deadline to reopen the Strait of Hormuz to all shipping.<\/p>\n
He repeated previous threats to unleash \u201chell\u201d, but told US media\nthat there is a \u201cgreat chance\u201d of reaching an agreement with Tehran.<\/p>\n
Iran mocked the ultimatum, calling it a \u201cdesperate, nervous, and\nfoolish act\u201d.<\/p>\n
Trump\u2019s latest threat came after he announced that the crew of the\nsecond US fighter jet shot down over Iran had been successfully rescued\nin an operation inside the highly dangerous territory.<\/p>\n
Domestically, the government will hold a press conference on\ntransportation and fuel oil (BBM) policies at 1:30 PM WIB. This policy\nis highly anticipated as it will directly affect the public.<\/p>\n
So far, the government has not indicated any plans to raise BBM\nprices to safeguard the economy.<\/p>\n
Attending today\u2019s press conference are the Coordinating Minister for\nthe Economy, the State Secretary, the Finance Minister, the Minister of\nTransportation, and the Cabinet Secretary.<\/p>\n
In addition, market participants\u2019 movements are also influenced by\ndata on High Shareholding Concentration (HSC) or high stock ownership\nconcentration in a particular issuer from the Financial Services\nAuthority (OJK) together with the Indonesia Stock Exchange (BEI) and the\nCentral Securities Depository (KSEI).<\/p>\n
HSC issuers are those owned by a few parties or affiliated parties.\nThis data started from last Thursday (2\/4\/2026).<\/p>\n
This more transparent data is expected to increase confidence in the\ncapital market among investors.<\/p>\n
This data is taken based on the methodology for determining High\nShareholding Concentration of stock ownership structure in the form of\nWarkat and Without Warkat as of 31 March 2026.<\/p>\n
Based on those provisions, there are nine stocks that were announced\nlast Thursday with ownership above 95%.<\/p>\n
In the short term, this regulation could trigger shocks. When a large\nnumber of shares are released at once, the market is immediately flooded\nwith supply. As a result, share prices could plummet sharply due to\ninsufficient demand to balance it.<\/p>\n
In normal conditions, share price movements are determined by the\nbalance between supply and demand. However, when overhang occurs, this\nbalance is significantly disrupted. Investors often react quickly, even\ntending to panic, which exacerbates selling pressure.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/breaking-news-ihsg-opens-down-1-this-morning-1775645615", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }