Breaking News! IHSG Falls 3% at End of Session 1
Jakarta, CNBC Indonesia — The Composite Stock Price Index (IHSG) plummeted 3% at the end of trading in the first session today, Friday (24/4/2026). The IHSG fell to the level of 7,152.85, down 225.76 points or -3.06%.
A total of 670 stocks declined, 101 rose, and 188 were unchanged. The transaction value reached Rp 13.22 trillion, involving 27.14 billion shares in 1.64 million transactions. Market capitalisation also dropped to Rp 12,787 trillion.
All trading sectors recorded weakening, with the deepest corrections seen in the infrastructure, consumer, property, and energy sectors.
Blue-chip issuers with large capitalisations collectively dragged down the IHSG’s performance today. The main laggards included BBCA, BBRI, AMMN, DSSA, and TLKM.
Trading in the final week is expected to face continued pressure following increased geopolitical tensions in the Middle East. Surges in oil prices and the US dollar index are also anticipated to burden the IHSG and the rupiah.
Brent crude oil prices surged again and closed up more than 3% at US$105.07 per barrel, the highest since 7 April 2026. Meanwhile, the US dollar index jumped to 98.77, the highest since 9 April 2026.
Meanwhile, Asia-Pacific stock markets opened mixed as investors remained cautious despite the extension of the Israel-Lebanon ceasefire for three weeks, which highlights lingering geopolitical uncertainty.
Israel and Lebanon agreed to extend their ceasefire for three weeks following a meeting at the White House with senior US officials, President Donald Trump stated on Thursday.
“The meeting went very well!” Trump said in a Truth Social post announcing the temporary ceasefire extension.
The temporary ceasefire, originally scheduled to end after 10 days, will now provide additional time for diplomatic efforts, with Washington also pledging to work with Lebanon to strengthen its defences against Hezbollah.
US crude oil futures rose about 1.23% to around $97.03 per barrel.
In the region, nearly all exchanges experienced corrections, but not as deep as the IHSG. Only Japan’s Nikkei rose 0.68%.
South Korea’s Kospi index fell 0.63%, STI -0.65%, and HSI -0.2%.
Overnight in the US, stocks declined on Thursday, led by drops in software shares and higher oil prices, as investor uncertainty about the direction of the Iran war weighed on the market.
The S&P 500 traded down 0.41% to close at 7,108.40, after previously hitting a new intraday all-time high. The Nasdaq Composite, dominated by technology stocks, fell 0.89% to 24,438.50. This index also set a new all-time high during the trading session. The Dow Jones Industrial Average lost 179.71 points, or 0.36%, to 49,310.32.