The Composite Stock Price Index (IHSG) on the Indonesia Stock\nExchange (BEI) closed weaker on Thursday afternoon, triggered by the\nnational speech of US President Donald Trump, which provided no clarity\non the timeline for resolving the conflict in the Middle East\nregion.<\/p>\n
The IHSG closed down 157.66 points or 2.19% at 7,026.78. Meanwhile,\nthe LQ45 index of 45 leading stocks fell 12.21 points or 1.68% to\n714.58.<\/p>\n
\u201cAsian markets were dominated by weakness, following the return of\ninvestor caution after the main speech by US President Donald Trump,\nwhich offered no clarity on the timeline for resolving the Middle East\nconflict,\u201d said Associate Director of Research and Investment at\nPilarmas Investindo Sekuritas, Maximilianus Nico Demus, in his analysis\nin Jakarta on Thursday.<\/p>\n
From abroad, although Trump stated that US operations are nearly\ncomplete, he also emphasised taking more aggressive steps, including the\npossibility of attacks on power plants in the next two to three\nweeks.<\/p>\n
Meanwhile, domestically, the IHSG weakened in line with Asian\nmarkets, as well as due to sluggish export data and solid import\ngrowth.<\/p>\n
At the same time, investor caution increased ahead of the release of\nMarch 2026 foreign exchange reserve data, after February 2026\u2019s position\nfell to the lowest level in three months.<\/p>\n
Nico said that high global crude oil prices, along with ongoing\ngeopolitical risks, continue to pose potential inflation increases,\nalthough annual inflation fell to 3.48% in March 2026 and returned to\nwithin Bank Indonesia\u2019s (BI) target.<\/p>\n
On the other hand, BI has introduced several new measures to curb\nspeculation, reaffirming its priority in maintaining exchange rate\nstability.<\/p>\n
Opening weaker, the IHSG remained in negative territory until the\nclose of the first trading session. In the second session, the IHSG\nstayed in the red zone until closing.<\/p>\n
Based on the IDX-IC Sectoral Index, one sector strengthened, namely\nthe non-primary consumer goods sector, which rose by 0.59%.<\/p>\n
Meanwhile, ten sectors weakened, with the basic materials sector\nfalling the deepest at 4.96%, followed by the infrastructure sector and\nthe energy sector, which fell by 3.93% and 2.73% respectively.<\/p>\n
The stocks that experienced the largest gains were ALKA, MSIN, BEER,\nYPAS, and ASPR. Meanwhile, the stocks that experienced the largest\ndeclines were NSSS, DATA, FWCT, ATAP, and TALF.<\/p>\n
Share trading frequency was recorded at 2,014,275 transactions, with\n31.54 billion shares traded worth Rp16.47 trillion. 475 stocks rose, 209\nstocks fell, and 135 stocks did not move.<\/p>\n
Regional Asian stock markets this afternoon included the Nikkei index\nweakening by 1,290.68 points or 2.40% to 52,449.00, the Shanghai index\nweakening by 29.27 or 0.74% to 3,919.29, the Hang Seng index weakening\nby 177.50 points or 0.70% to 25,116.53, and the Straits Times index\nstrengthening by 28.33 points or 0.57% to 4,947.50.<\/p>\n
The Financial Services Authority (OJK) imposed fines of Rp96.32\nbillion on 233 capital market participants up to March 2026, including\nRp29.3 billion from share price manipulation cases.<\/p>\n
Indonesia\u2019s capital market experienced quite dynamic movements with\nhigh volatility levels due to geopolitical pressures and domestic and\nglobal conditions, according to the OJK Executive Head.<\/p>\n
The IHSG recorded a significant gain of 2.75% to 7,302, driven by a\ncombination of positive domestic fiscal sentiment and inflows of foreign\nfunds.<\/p>\n
Transparency is a key factor for Indonesia\u2019s capital market to level\nup and compete globally.<\/p>\n
The Regional Board of the Real Estate Indonesia (DPD REI) for DKI\nJakarta encourages property developers to utilise the capital market as\nan alternative for long-term financing.<\/p>\n
The Israeli military reported waves of Iranian missile attacks and\nclaims of Hezbollah strikes amid escalating tensions following US\nPresident Donald Trump\u2019s speech.<\/p>\n
US President Donald Trump stated that military objectives in Iran are\nnearly achieved, but preparations are being made for a major attack in\nthe next 2-3 weeks.<\/p>\n
According to sources, Trump telephoned Mohammed bin Salman to discuss\nopportunities for an Iran ceasefire. The US sent a proposal to Tehran,\nwith the conflict triggering a surge in global energy prices.<\/p>\n
US President Donald Trump claimed that Iran requested a ceasefire on\nthe condition of opening the Strait of Hormuz. Tehran strongly denied\nthe claim.<\/p>\n
Trump added that his side has always regarded NATO as a \u201cpaper\ntiger\u201d, an organisation that appears strong.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/trumps-speech-causes-ihsg-to-close-in-the-red-1775130726", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }