Breaking News! IHSG Falls 1%
Jakarta, CNBC Indonesia — The Composite Stock Price Index (IHSG) came under significant pressure at the start of trading today, Thursday (30/4/2026), with a decline of around 1%.
At 09:12 WIB, the IHSG was recorded at 7,029.95, down 71.28 points (-1.00%) from the previous level of 7,101.23.
Selling pressure was evident from the market open, where the IHSG initially opened at 7,103.26 before experiencing a sharp weakening to touch a low of 7,028.23.
A total of 201 stocks rose, 368 stocks fell, and 390 stocks were unchanged. The transaction value reached Rp2.43 trillion with a trading volume of around 5.62 billion shares in more than 313 thousand transactions.
Entering the final trading session of the week, domestic financial market players will monitor several important sentiments from abroad.
The main focus of the market today is on the outcome of The Federal Reserve’s interest rate decision, the release of China’s Manufacturing PMI, US Personal Consumption Expenditures (PCE) inflation, and US unemployment claims data.
As previously reported, The Fed has again maintained interest rates at 3.50-3.75%. This decision was made amid significant divisions within The Fed.
In what may be the last meeting chaired by Jerome Powell, a wave of officials opposed the statement that further interest rate cuts remain possible.
FOMC members’ votes were split 8-4, with officials having different reasons for their choices. The number of dissenting votes is the highest since October 1992.
Governor Stephen Miran again expressed dissent to support a 25 basis point interest rate cut, as he has done since joining the central bank in September 2025.
The other three “no” votes came from regional Fed Presidents: Beth Hammack from Cleveland, Neel Kashkari from Minneapolis, and Lorie Logan from Dallas. They agreed to hold rates but rejected the dovish bias in the official statement.
The main issue of disagreement is the following sentence:
“In considering the size and timing of additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, evolving outlooks, and the balance of risks.”
This phrase indicates that the next step could be a rate cut, as the use of “additional” suggests that The Fed’s last action was a cut.
Meanwhile, President Donald Trump discussed ways to reduce the impact of a potential months-long Iranian port blockade with oil companies.
The discussions with oil executives on Tuesday followed a stalemate in efforts to resolve the conflict, which prompted the United States to pressure Iranian oil exports through a naval blockade to force the reopening of the Strait of Hormuz.
Amid mutual threats between Washington and Tehran, Pakistan is attempting to act as a mediator to prevent escalation, while both sides continue to exchange messages regarding potential agreements.
Trump stated that Iran could reach out if it wants to negotiate, but also mocked Tehran for “not being able to act properly.”
The White House said Trump and the oil executives discussed steps to stabilise the global oil market and options to continue the blockade for months while minimising impacts on US consumers.