The Composite Stock Price Index (IHSG) opened strongly, surging 2.75%\nthis morning on Wednesday (8 April 2026). The index rose to 7,162.41,\ngaining 191 points.<\/p>\n
Sixty-nine stocks declined, 351 rose, and 210 remained unchanged.\nTrading value reached Rp5,554.24 billion, involving 846 million shares\nin 42,676 transactions.<\/p>\n
Market capitalisation also climbed to Rp12,573 trillion.<\/p>\n
According to Refinitiv data, all trading sectors strengthened today,\nwith the sharpest gains in infrastructure, basic materials, and\nfinancial sectors.<\/p>\n
Blue-chip issuers today collectively drove the IHSG\u2019s performance,\nwith conglomerates\u2019 companies also seeing significant increases.<\/p>\n
The main reason for the IHSG\u2019s significant rise today was the US-Iran\nceasefire in the Middle East, providing some hope and certainty for\ninvestors. Additionally, FTSE\u2019s policy to retain Indonesia\u2019s stock\nmarket rating delivered good news for investors.<\/p>\n
Meanwhile, sectors that investors previously favoured during the war,\nsuch as oil and gas and coal, weakened together today.<\/p>\n
Bank Rakyat Indonesia (BBRI) shares were the main driver of the\nIHSG\u2019s performance, contributing 19 points, followed by BBCA, Bank\nMandiri (BMRI), BREN, and ASII.<\/p>\n
Meanwhile, the IHSG laggards today were AADI, MEDC, ITMG, AKRA, and\nPTBA.<\/p>\n
Asia-Pacific stock markets rallied together on Wednesday (8 April\n2026) after US President Donald Trump announced an agreement to suspend\nplans for strikes on Iranian infrastructure for two weeks. The decision\nwas made on the condition that Iran agrees to fully, immediately, and\nsafely open the Strait of Hormuz.<\/p>\n
According to CNBC, in his statement on Truth Social, Trump emphasised\nthat the agreement depends on Iran\u2019s commitment to open that vital\nroute. He described the step as an effort to ease geopolitical tensions\nthat previously triggered global market concerns.<\/p>\n
Iranian Foreign Minister Abbas Araghchi, via a post on platform X,\nstated that Iran\u2019s armed forces would halt defensive operations. He also\nadded that safe passage in the Strait of Hormuz could be coordinated\nwith Iran\u2019s military over the next two weeks.<\/p>\n
In response to the news, the price of US West Texas Intermediate\ncrude oil plunged more than 16% to US$94.23 per barrel. This sharp\ndecline reflects the easing of concerns over global energy supply\ndisruptions.<\/p>\n
Significant strengthening occurred in Asian markets, with South\nKorea\u2019s Kospi index jumping 5.3% and Kosdaq rising 3.4%. Leading stocks\nlike Samsung Electronics and SK Hynix surged 7.25% and 9.2%,\nrespectively.<\/p>\n
In Japan, the Nikkei 225 index rose 4.5%, while the Topix gained\n3.2%. Meanwhile, Australia\u2019s S&P\/ASX 200 index also climbed 2.7%,\nreflecting widespread positive sentiment in the region.<\/p>\n
The Hong Kong market is also expected to strengthen after the\nholiday, with Hang Seng futures at 25,233 compared to the previous close\nof 25,116.53. This indicates investor optimism regarding short-term\ngeopolitical stability.<\/p>\n
Thornburg Investments portfolio manager Josh Rubin stated that the\ndecline in energy prices could pressure global inflation. This condition\nis seen as opening opportunities for central banks to consider easing\ninterest rate policies.<\/p>\n
In the United States, major index futures also strengthened, with the\nDow Jones up 1.5%, S&P 500 adding 1.6%, and Nasdaq 100 gaining 1.7%.\nThis positive sentiment aligns with the easing of geopolitical tensions\nand falling energy prices.<\/p>\n
In the previous session, the S&P 500 rose slightly 0.08% to\n6,616.85, and the Nasdaq Composite added 0.10% to 22,017.85. Meanwhile,\nthe Dow Jones Industrial Average fell 0.18% or 85.42 points to\n46,584.46.<\/p>\n
Additionally, global attention will focus on the release of the\nFederal Reserve\u2019s FOMC Minutes. The document will provide deeper insight\ninto the views of US central bank officials on economic conditions,\ninflation, and future policy direction.<\/p>\n
Markets will scrutinise every detail in the minutes, particularly how\nthe Fed assesses the impact of the energy price surge due to\ngeopolitical conflict.<\/p>\n
Furthermore, on the same day, markets will also monitor the Personal\nConsumption Expenditures (PCE) inflation data released by the Bureau of\nEconomic Analysis. This indicator is the Fed\u2019s primary gauge for\nmeasuring inflation pressure.<\/p>\n
In the latest release, for January 2026, the PCE price index rose\n0.3% monthly and 2.8% annually.<\/p>\n
Meanwhile, core PCE rose 0.4% monthly and 3.1% annually. This data is\nimportant because core PCE is considered to provide a cleaner picture of\nunderlying inflation trends in the US, making it highly watched in\ndetermining interest rate direction.<\/p>\n
What will be announced is the February 2026 data. Market participants\nexpect core PCE to grow around 3.0% annually, slightly lower than 3.1%\nin January. Nevertheless, markets will still look to see if price\npressures are persisting longer amid the global energy cost surge.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/reasons-behind-ihsgs-2-75-surge-at-opening-1775616761", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }