Indonesian Political, Business & Finance News

Breaking News! IHSG Falls 1%, BBCA Shares Plummet

| Source: CNBC Translated from Indonesian | Finance
Breaking News! IHSG Falls 1%, BBCA Shares Plummet
Image: CNBC

Jakarta, CNBC Indonesia — The Composite Stock Price Index (IHSG) came under pressure again during trading today, Friday (27/3/2026). At the opening, the IHSG weakened by 0.39% to the level of 7,136.37.

By 09:39 WIB, the IHSG continued its decline with a correction of 72.86 points or -1.02% to the level of 7,091.23.

A total of 390 stocks fell, 184 rose, and 384 remained unchanged. The transaction value reached Rp 2.79 trillion, involving 4.94 billion shares in 378,500 transactions.

Based on observations by CNBC Indonesia, Bank Central Asia (BBCA) became the biggest burden this morning. BBCA fell 2.18% to the level of 6,725 and dragged the IHSG down by 11.84 index points. The sharp correction in BBCA shares coincides with the cum date dividend deadline falling today.

Meanwhile, the IHSG’s movement this morning is in line with the majority of exchanges in the region. Japan’s Nikkei index fell 0.86%, Korea’s Kospi -3.25%, and Taiwan’s exchange -1.79%. However, Hong Kong’s Hang Seng rose slightly and Singapore’s STI rose 0.37%.

The movement of Indonesia’s financial markets appears to remain volatile at the end of this week, Friday (27/3/2026).

The discourse on a ceasefire between the US-Israel and Iran remains murky; the optimism that emerged last Wednesday seems to be fading.

Market participants are now more focused on how the real impacts are spreading to the policies of stakeholders, industries, and the real economy in various countries, especially after the blockade of the Strait of Hormuz.

Citing CNBC.com, Trump decided to extend the deadline for that attack by 10 days until 6 April to provide room for negotiations. This decision is said to have been taken at the request of the Islamic Republic of Iran government as part of efforts to ease tensions.

Trump stated that the extension was given in exchange for 10 oil tankers crossing the Strait of Hormuz as a “gift” from Tehran. He also emphasised through a post on Truth Social that this delay aims to open opportunities for a diplomatic resolution.

In his statement, Trump said discussions are still ongoing and going very well despite differing reports from the media. Nevertheless, Washington stated its desire to end the conflict through negotiation channels, while Tehran denied any direct talks with the United States.

Oil prices strengthened temporarily on Thursday before showing weakness in line with indications of progress towards a US-Iran peace agreement. The West Texas Intermediate contract for May delivery fell 1.3% to US$93.29 per barrel, while Brent crude oil closed at the level of US$108.01 per barrel.

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