Breaking News: IHSG Falls More Than 2% in Early Second Session
Jakarta — Indonesia’s Composite Index (IHSG) declined 2.13% or minus 156.66 points to 7,205.46 at the beginning of the second trading session on Friday, 13 March 2026.
A total of 644 shares fell, 125 rose, and 189 remained unchanged. Transaction value reached Rp 7.81 trillion, involving 16.17 billion shares across 972,200 transactions. Market capitalisation declined to Rp 12.823 trillion.
The IHSG had already fallen 1.81% or minus 133.18 points to 7,228.94 at the close of the first session on Friday, 13 March 2026. Since the opening, the IHSG has remained in negative territory throughout, experiencing considerable volatility.
Meanwhile, Bumi Resources (BUMI) recorded the highest transaction value in the regular market. However, across all markets, XLSmart Telecom Sejahtera (EXCL) logged the highest transaction value at Rp 800 billion conducted on the negotiated market.
According to Refinitiv data, all sectors were in negative territory. Raw materials fell the most sharply at minus 2.94 per cent, followed by utilities at minus 2.78 per cent and non-staple consumer goods at minus 2.76 per cent.
The primary heavyweights dragging down the index were Amman Mineral (AMMN) at minus 12.89 index points, Bank Mandiri (BMRI) at minus 10.87 index points, and Barito Renewables Energy (BREN) at minus 7.4 index points.
Market participants expressed concern over oil supply security amid prolonged conflict between Iran, the United States and Israel. Oil prices have surged more than 38 per cent in less than two weeks due to serious threats to global supply lines.
Brent crude reached US$100.72 per barrel, whilst West Texas Intermediate (WTI) stood at US$95.37 per barrel.
The surge was driven by attacks on two tankers and oil port facilities in Iraqi waters, triggering concerns over navigation security in the Strait of Hormuz. Iranian military officials have even issued warnings that oil prices could soar to US$200 per barrel.
In parallel developments, amid large-scale military operations by the United States and Israel, US intelligence has indicated that Iran’s current government leadership structure remains intact and faces no imminent collapse risk. The report confirmed that the Tehran regime retains full control over its population.
The position of supreme leader has been assumed by Khamenei’s son, Mojtaba, to maintain stability. Meanwhile, Kurdish Iranian militia groups offered to support a rebellion, but President Donald Trump rejected the option after intelligence raised doubts about their weaponry capacity.
According to latest reports, Mojtaba stated in his first public address since becoming Iran’s supreme leader that the Strait of Hormuz must remain closed, employing it as a tool to pressure adversaries.