Indonesian Political, Business & Finance News

Breaking! IHSG Opens Down 0.32%

| Source: CNBC Translated from Indonesian | Finance
Breaking! IHSG Opens Down 0.32%
Image: CNBC

Jakarta — Indonesia’s composite stock index (IHSG) remained under pressure this morning, Friday 13 March 2026. The IHSG opened trading with a decline of 23.3 points or 0.32% to the level of 7,338.82.

A total of 195 stocks fell, 141 rose, and 622 remained unchanged. Transaction value during pre-opening reached Rp 178.7 billion, involving 252.5 million shares in 26,620 transactions.

In line with the pressure on the IHSG, market capitalisation also fell back to Rp 13.094 trillion.

Market participants must monitor a series of macroeconomic data releases from the United States, escalating geopolitical tensions in the Middle East, as well as the new direction from domestic capital market regulators.

The United States announced on Thursday that initial jobless benefit claims in America declined by 1,000 from the previous week to 213,000 in the first week of March. This figure was slightly lower than the forecast of 215,000 and generally remains in line with levels seen over the past three weeks.

Meanwhile, continuing jobless claims, which serves as an indicator of the number of unemployed people still receiving assistance in the US, fell 21,000 to 1.85 million in the final week of February.

In another development, amid large-scale military operations launched by the United States and Israel, US intelligence indicates that the current structure of Iran’s government leadership remains intact and far from the risk of collapse. The report confirms that the Tehran regime maintains full control over its population.

The position of the highest leader has also been replaced by Khamenei’s son, Mojtaba, to maintain stability. On the other hand, the Kurdish Iranian militia group offered to assist in a rebellion, but this option was rejected by President Donald Trump because intelligence doubted their military capacity.

According to the latest report, Mojtaba explained in his first public address since being elected Iran’s highest leader that the Strait of Hormuz must remain closed. This is being applied to make it a tool to pressure enemies.

In line with this, during Thursday morning trading, the price of Brent crude oil surged to US$100.72 per barrel, whilst West Texas Intermediate (WTI) stood at US$95.37 per barrel.

Oil prices have surged more than 38% in less than two weeks due to serious threats to global supply routes.

This surge has been driven by attacks on two tanker ships and an oil port facility in Iraqi waters, which has triggered concerns over navigation security in the Strait of Hormuz. Iranian military has even issued a warning that oil prices could surge to as much as US$200 per barrel.

In Asian markets, the anticipated prolonged conflict has made investors anxious about oil supplies.

Australia’s S&P/ASX 200 index plunged 0.3% in early Asian trading, whilst Japan’s Nikkei 225 index fell 2% and the broader Topix index declined 1.4%.

South Korea’s leading stock index, Kospi, plummeted nearly 3% and the small-cap Kosdaq index fell nearly 2%.

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