Breaking: IHSG Opens Up 0.35%, But Quickly Loses Momentum
Jakarta, CNBC Indonesia — The Jakarta Composite Index (IHSG) opened up 29.13 points or 0.35% to 8,351.36 in trading today, Thursday (February 26, 2026).
As many as 300 shares rose, 150 fell, and 519 were unchanged. The transaction value reached IDR 726.4 billion, involving 1 billion shares in 102,900 transactions. Market capitalization also increased to IDR 14,970 trillion.
However, just a few minutes after the opening of trading, the IHSG’s gains were eroded and it briefly weakened by 0.06%.
Meanwhile, Asian-Pacific bourses rallied, led by a rally in Japanese stock markets that hit a new all-time high.
The Nikkei 225 index jumped 1.1% to 59,199.31 and recorded a new high for the third consecutive day. The broader TOPIX index also rose 1.45% and touched a new peak.
The South Korean KOSPI index rose 1.65%, while the Kosdaq strengthened 0.57%.
The Bank of Korea decided to maintain its benchmark interest rate at 2.5%, in line with market expectations.
Shares of chipmakers such as Samsung Electronics and SK Hynix rose 1.97% and 2.26% respectively, following the global technology sector rally.
In Australia, the S&P/ASX 200 index rose 0.8% and briefly touched a record high in early trading.
Meanwhile, Hang Seng Index futures were traded at 26,947, higher than the previous closing position of 26,765.72.
Positive Asian sentiment followed the Wall Street rally overnight. The S&P 500 rose 0.81% to 6,946.13, while the Nasdaq Composite soared 1.26% to 23,152.08. The Dow Jones Industrial Average rose 0.63% to 49,482.15.
The gains were led by technology stocks, especially Nvidia, which posted fourth-quarter fiscal results that exceeded analysts’ expectations.
As of this Thursday’s trading, the Indonesian financial market has the potential to move more sensitively due to a series of sentiments, especially from the United States.
US President Donald Trump delivered his State of the Union address to the US Congress on Tuesday evening local time or Wednesday morning, February 25, 2026, Indonesian time.
In his nearly two-hour speech, Trump showcased the achievements of his second term, starting with claims of tighter borders, declining inflation, strengthening stock markets, boosting energy production, to tax and tariff policies. At the same time, he reaffirmed the narrative that America is entering a golden age ahead of the 250th anniversary of independence on July 4, 2026.
Trump also stated that his administration would not allow Iran to possess nuclear weapons, while calling Tehran the world’s largest sponsor of terrorism.
The statement came amid increased deployment of US military forces in the Middle East. However, Trump is considered to have not explained in detail to the American public about the reasons and limitations of the steps that can be taken, even though the situation has the potential to lead to the largest escalation against Iran since the 1979 Revolution.