Breaking News! IHSG Falls 1%, Selling Pressure Intensifies
Jakarta, CNBC Indonesia — The Composite Stock Price Index (IHSG) faced increasing pressure during trading on Thursday (2 April 2026). As of 09:23 WIB, the IHSG was recorded down 1% at 7,112.46, signalling deepening selling pressure in the market.
This weakening occurred amid rising negative global sentiment, particularly following the latest statements from US President Donald Trump regarding the continuation of the conflict with Iran.
Based on trading data, the IHSG moved within the range of 7,106.47 to 7,161.80 at the start of the session. Transaction value had already reached Rp2.72 trillion with a volume of 5.03 billion shares and 348,000 transactions.
A total of 370 stocks were recorded as weakening, while only 221 stocks strengthened and 367 remained stagnant, reflecting the dominance of selling pressure across nearly all sectors.
In line with this, Asian exchanges were uniformly in the red, reinforcing the risk-off sentiment sweeping global financial markets.
After briefly turning green at the opening, Asian markets caught fire following Trump’s latest speech.
The Kospi index in South Korea plunged 2.85% and the Nikkei in Japan fell 1.4%. Similarly, the Hang Seng in Hong Kong dropped 0.86%.
As previously reported, US President Donald Trump affirmed that Operation “Epic Fury” in Iran would continue until all strategic objectives were achieved. The ultimate strike would soon be launched.
Trump stated that in the next two to three weeks, the US would launch a “very hard” attack on Iran, causing significant impact.
“We will bring them back to the Stone Age,” he said in a state of the union address at the White House on Wednesday (1 April 2026) evening local time.
He also reiterated that regime change was not the primary goal of the operation, although he noted that many Iranian leaders had been killed during the conflict.
He warned that if no agreement was reached soon, the US was prepared to attack Iran’s critical infrastructure, including power plants, simultaneously.
However, Trump added that Iran’s oil facilities were not yet a target, although he said they would be the easiest to destroy.
In his statements, Trump also claimed that Iran’s air defence capabilities had been crippled. “They have no air defence. Their radars are destroyed. We are unstoppable,” he said.
Trump also highlighted the impact of strikes on Iran’s nuclear facilities, previously hit by B-2 bombers. He said the damage was so extensive that it would take months before the area could be approached again. He affirmed that the US would strike again if Iran attempted to revive its programme.
“We hold all the ‘cards’,” Trump said.
In tandem with this, oil prices boiled over once more. Based on Refinitiv data at 09:17 WIB, Brent crude was recorded at US$105.61 per barrel, up more than 4%.
Similarly, West Texas Intermediate (WTI) rose to US$97.44 per barrel from US$103.94, or surging 3.95%.