The Indonesian Stock Exchange (IHSG) opened weaker at 7,115, down 21\npoints or 0.30 per cent, at the start of trading on Monday, 16 March\n2026.<\/p>\n
Fanny Suherman, Head of Retail Research at BNI Sekuritas, has\npredicted that the IHSG could face further correction during today\u2019s\ntrading session.<\/p>\n
\u201cThe IHSG is likely to continue correction today in line with Wall\nStreet weakness,\u201d Fanny said in her daily research note on Monday, 16\nMarch 2026.<\/p>\n
She noted that most Asia-Pacific exchanges weakened during Friday\u2019s\ntrading last week. Japan\u2019s Nikkei 225 Index fell 1.16 per cent and Hong\nKong\u2019s Hang Seng Index declined 0.98 per cent.<\/p>\n
Meanwhile, Taiwan\u2019s Taiex Index dropped 0.54 per cent, South Korea\u2019s\nKospi Index fell 1.72 per cent, and Australia\u2019s ASX 200 weakened 0.14\nper cent. The Singapore Exchange\u2019s FTSE Straits Times declined 0.27 per\ncent and Malaysia\u2019s FTSE KLCI fell 0.71 per cent.<\/p>\n
Asia-Pacific markets weakened as oil prices surged owing to fresh\nconcerns that prolonged conflict in the Middle East could further\ntighten energy supply, raising fears of a global economic slowdown.<\/p>\n
Iran\u2019s new Supreme Leader, Mojtaba Khamenei, stated in a speech on\nThursday evening, 12 March 2026, that the Strait of Hormuz, a vital\nartery for global oil trade, must remain closed and that Tehran could\nopen additional conflict fronts if the dispute continues.<\/p>\n
Commander of the Naval Forces of Iran\u2019s Islamic Revolutionary Guard\nCorps, Alireza Tangsiri, also reiterated the threat in a social media\npost, warning of \u201cthe hardest blow for the aggressive enemy.\u201d<\/p>\n
IHSG support levels are positioned at 7,000\u20137,080, whilst resistance\nlevels range between 7,170\u20137,200, according to Suherman.<\/p>\n
Wall Street indices extended their decline at Friday\u2019s market close\nlast week, falling to their lowest levels so far this year amid rising\noil prices driven by escalating Iran tensions, which have heightened\ninvestor concerns about inflation and global economic growth.<\/p>\n
The S&P 500 fell 0.61 per cent, the Nasdaq Composite declined\n0.93 per cent, and the Dow Jones Industrial Average dropped 0.26 per\ncent. Despite stock market pressure, global crude oil prices continued\ntheir rally. West Texas Intermediate (WTI) crude oil rose 3.11 per cent\nto US$98.71 per barrel, whilst Brent crude strengthened 2.67 per cent to\nUS$103.14 per barrel.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/indonesia-stock-exchange-opens-weaker-amid-correction-as-asia-pacific-and-wall-street-fall-1773629701", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }