Breaking News! IHSG Opens with 1% Jump
Jakarta, CNBC Indonesia — The Composite Stock Price Index (IHSG) opened with a 1% jump in trading today, Thursday (7/5/2026).
The IHSG began trading at the level of 7,165.10, up 72.63 points or 1.02% from the previous day. A total of 383 stocks rose, 73 fell, and 505 remained unchanged.
The transaction value reached Rp 388.1 billion, involving 813.7 million shares in 51,910 transactions. Market capitalisation also rose to Rp 12,829 trillion.
Meanwhile, major Asian exchanges mostly rose, with Japan’s stock index leading the highest gains. Investors appeared to ignore the US President’s threats against Iran for the first time.
Japan’s stock index rose more than 3.72% on Thursday, with the benchmark Nikkei 225 breaking through 61,000. Meanwhile, the Topix index rose 1.91%. In Australia, the S&P/ASX 200 index rose more than 1%.
Next, South Korea’s Kospi index rose 1.17%, while the Kosdaq index for small-cap stocks fell 0.4%.
The Hang Seng Hong Kong Index futures contract was at 26,423, compared to the index’s last close at 26,213.78.
In war developments, Iran stated on Wednesday that it is reviewing a US peace proposal. This has the potential to officially end the war. However, the proposal has not yet addressed the US’s main demands, namely the cessation of Iran’s nuclear programme and the reopening of the Strait of Hormuz.
In a post on Truth Social, US President Donald Trump said that the US military operation known as Operation Epic Fury would end if Iran agrees to provide what has been agreed upon, which may be a major assumption.
As tensions ease, oil prices also fell. Oil prices plummeted as traders reduced their exposure in hopes that the war would end soon. West Texas Intermediate (WTI) crude fell 7.03% to US$95.08 per barrel. Meanwhile, Brent crude fell 7.83% to US$101.27 per barrel.
Domestically, Trade Minister Budi Santoso issued Trade Ministerial Regulation No. 12 of 2026 on 28 April 2026, effective from 29 April 2026. This regulation is the fifth amendment to Trade Ministerial Regulation No. 23 of 2023 on Export Policies and Regulations.
In the policy, the government is expanding the scope of export controls, including the list of regulated commodities, ranging from rice, animal products, fisheries, to mining products.
In addition, the authority to suspend, freeze, and revoke export permits can now also be proposed by related ministries or agencies and decided through inter-ministerial coordination meetings.
This policy is emphasised to strengthen government control so that export activities remain aligned with fulfilling domestic needs and national interests.