Breaking News! IHSG Continues Rally, Opens Up 1.16%
Jakarta, CNBC Indonesia — The Composite Stock Price Index (IHSG) continued its rally this morning, Wednesday (15 April 2026). The index opened up by more than 1%.
The IHSG began trading with a gain of 89.18 points or 1.16% to the level of 7,765.13. A total of 408 stocks rose, 70 fell, and 481 remained unchanged.
The transaction value reached Rp 692.7 billion, involving 1.13 billion shares in 88,510 transactions. Market capitalisation also rose to Rp 13,852 trillion.
The IHSG’s movement aligned with bourses in the region. Asian markets continued their rally at the start of trading today. This was in line with expectations of a ceasefire between Iran, the United States, and Israel.
US President Donald Trump said on Tuesday that talks to end the Iran war could resume in Pakistan in the next two days, after failed negotiations last weekend prompted Washington to impose a blockade on Iranian ports.
Officials from the Gulf region, Pakistan, and Iran also said that US and Iranian negotiation teams are likely to return to Pakistan this week, although a senior Iranian source said no date has been set.
“You’d better stay there, because something could happen in the next two days, and we’re leaning that way,” Trump said in an interview with the New York Post.
Although the US blockade has triggered strong rhetoric from Tehran, signs that diplomatic channels are still open have helped calm oil markets, with benchmark prices falling below US$100 on Tuesday.
Global markets are still seeking certainty on the strength of world economic growth amid potential interest rates that will be signalled higher for longer due to the war in the Middle East, resulting from rising world oil prices.
The International Monetary Fund (IMF) has cut its global economic growth projection due to the surge in energy prices from the Middle East war and disruptions in shipping through the Strait of Hormuz.
In its April 2026 World Economic Outlook report, the IMF forecasts global economic growth at 3.1% this year.
This figure is down from the 3.3% projection in January 2026, before hostilities broke out following the US-Israel attack on Iran that began on 28 February, which triggered Tehran’s retaliatory strikes and expanded the regional conflict.
The IMF has prepared several scenarios: mild, bad, and severe. In the worst-case scenario, the world economy is nearly in recession, with average oil prices at US$110 per barrel in 2026 and US$125 in 2027. Global growth could fall to 2.0%.
The IMF’s baseline scenario assumes a short conflict and oil prices falling to an average of US$82 per barrel in 2026. However, IMF economist Pierre-Olivier Gourinchas said the current situation is already moving towards a worse scenario.
The biggest impact is expected in developing countries and the Middle East and Central Asia region. Growth in that area is projected to fall to 1.9% in 2026.
For major economies, the United States is expected to grow by 2.3%, the Eurozone by 1.1%, China will expand by 4.4%, and India by 6.5%.
For Indonesia, the IMF maintains its growth projection at 5.0%.