Breaking: IHSG Surges Over 1% to 7,394 Level
Jakarta, CNBC Indonesia - The Composite Stock Price Index (IHSG) opened higher by 0.53% this morning, Friday (10/4/2026). The index rose to the level of 7,346.49, or up 38.90 points. This increase continues the IHSG’s rebound that has been ongoing for the last two days, which began when the index surged sharply on Wednesday (8/4) trading with a rise of more than 4%.
A total of 58 stocks fell, 272 rose, and 285 were unchanged. The transaction value reached Rp 150.38 billion, involving 215.97 million shares in 26,872 transactions.
Market capitalisation was also pulled up to Rp 12,993 trillion.
A few minutes after the market opened, the IHSG continued its strengthening with a rise of up to 1.22% to the level of 7,393.82.
Indonesia’s financial markets will close trading this week today. Market players need to consider a number of developing sentiments, from the war in the Middle East to important economic data.
Asia-Pacific stock markets opened mostly higher on Friday (11/4/2026) trading, amid a fragile two-week ceasefire between the United States and Iran that keeps market players on alert.
Citing CNBC, the conflict in the Middle East, which has lasted more than a month, still overshadows sentiment, especially due to the closure of the Strait of Hormuz, a vital global energy route.
Although a ceasefire has been announced, traffic in the Strait of Hormuz remains very limited. Iran stated it would reopen the route if all attacks against its country are stopped, while Israel is also reported to have approved the agreement.
US President Donald Trump previously halted attacks on Iran last Tuesday as part of efforts to ease the conflict. However, he warned Iran not to impose fees on oil tankers passing through the strait.
On the other hand, Iran’s Parliament Speaker Mohammad Bagher Ghalibaf accused the United States of violating the ceasefire agreement. This accusation further adds to uncertainty in global markets.
From the stock markets, South Korea’s Kospi index strengthened 1.68% and Kosdaq rose 1.14%. In Japan, the Nikkei 225 surged 1.65%, while the Topix moved relatively flat.
Japanese Prime Minister Sanae Takaichi stated that her country plans to release oil reserves for 20 days starting in May. Japan is known to have oil reserves sufficient for 230 days as of 6 April.
In contrast, Australia’s S&P/ASX 200 index weakened 0.51%. Meanwhile, Hong Kong’s Hang Seng futures contract was at the 25,900 level, higher than the previous close at 25,752.40.
Global oil prices are still moving higher, with West Texas Intermediate (WTI) strengthening 0.69% to US$98.55 per barrel. Meanwhile, Brent crude rose 0.91% to US$95.92 per barrel, after briefly breaching the US$100 per barrel level in the previous session.
In overnight trading on Wall Street, US stock indices closed higher despite oil prices dipping from their highs. This rise reflects investor optimism towards the easing of geopolitical conflict.
The S&P 500 index rose 0.62% to 6,824.66, while the Nasdaq Composite strengthened 0.83% to 22,822.42. The Dow Jones Industrial Average also rose 275.88 points or 0.58% to 48,185.80, while returning to positive performance throughout the year.