{
    "success": true,
    "data": {
        "id": 1597830,
        "msgid": "ihsg-opens-down-2-79-asian-markets-and-wall-street-weaken-amid-oil-price-threats-1773034616",
        "date": "2026-03-09 09:12:16",
        "title": "IHSG Opens Down 2.79%, Asian Markets and Wall Street Weaken amid Oil Price Threats",
        "author": "",
        "source": "VIVA",
        "tags": "bisnis",
        "topic": "Finance",
        "summary": "Indonesia's composite index IHSG opened sharply lower by 2.79% at 7,374 points on Monday 9 March 2026, following weakness across Asian stock markets and Wall Street amid escalating Middle Eastern tensions and soaring crude oil prices. BNI Securities analysts predict potential rebound to 7,650, contingent on breaking above 7,700 resistance levels, with support identified at 7,400-7,480. The selloff reflects broad investor concern over prolonged Middle East conflict, Iranian military actions, and crude oil surging to US$91 per barrel as US-Israel military operations threaten Hormuz Strait shipping routes.",
        "content": "<p>Jakarta \u2013 Indonesia\u2019s composite stock index IHSG plummeted 211\npoints, or 2.79%, to 7,374 at the opening of trading on Monday, 9 March\n2026.<\/p>\n<p>Fanny Suherman, Head of Retail Research at BNI Securities, forecasted\nthat IHSG has potential for a rebound during today\u2019s trading\nsession.<\/p>\n<p>\u201cIHSG could potentially rebound to 7,650. However, if it fails to\nbreak above 7,700, it will likely correct back towards the 7,400s,\u201d\nFuherman stated in her daily research note on Monday, 9 March 2026.<\/p>\n<p>She noted that Asian markets weakened during Friday\u2019s trading of the\nprevious week. Japan\u2019s Nikkei 225 index rose 0.62%, whilst the Topix\nstrengthened 0.39%, Hong Kong\u2019s Hang Seng increased 1.72%, and Taiwan\u2019s\nTaiex declined 0.22%.<\/p>\n<p>Meanwhile, South Korea\u2019s Kospi rose modestly by 0.02%, Australia\u2019s\nASX 200 weakened by 1%, Singapore\u2019s Straits Times rose 0.03%, and\nMalaysia\u2019s FTSE strengthened by 0.28%.<\/p>\n<p>Asian stock markets showed mixed performance amid prolonged Middle\nEast conflict and renewed Iranian attacks, which pushed down risk\nassets. Meanwhile, most investors\u2019 attention turned to crude oil, with\nWTI crude trading at US$91 per barrel.<\/p>\n<p>This occurred after the Trump administration considered various\noptions to address surging oil and petrol prices amid the Iran\nconflict.<\/p>\n<p>Investor focus will now shift to the US non-farm payrolls report.\nPreviously, US unemployment claims data remained relatively stagnant\nlast week. The non-farm payrolls report, to be released on Friday US\ntime, is expected to show a slowdown in hiring during the previous\nmonth.<\/p>\n<p>\u201cIHSG support levels are positioned at 7,400-7,480 whilst resistance\nlevels are in the 7,650-7,700 range,\u201d she noted.<\/p>\n<p>For context, major Wall Street indices closed weaker at the end of\nFriday\u2019s trading of the previous week, amid softness in the US labour\nmarket and crude oil prices rising 12% due to escalating Middle East\nconflict.<\/p>\n<p>The Dow Jones Industrial Average declined 0.95%. The disappointing\nemployment report raised concerns that the US economy may be slowing\nprecisely as Middle East geopolitical tensions push energy costs sharply\nhigher.<\/p>\n<p>Oil prices surged due to US-Israeli military strikes on Iran that\nhalted shipping through the Strait of Hormuz, and due to warnings from\nQatar that crude oil prices could spike to as high as US$150 per\nbarrel.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ihsg-opens-down-2-79-asian-markets-and-wall-street-weaken-amid-oil-price-threats-1773034616",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}