Breaking News! IHSG Plummets 2.46%

Jakarta, CNBC Indonesia - The Composite Stock Price Index (IHSG) plummeted 2.46% to the 7,200 level during trading on Friday (24/4/2026). A total of 666 stocks declined, 205 stocks remained unchanged, and only 90 stocks experienced gains. Trading volume reached 23.63 billion shares, with transaction frequency at 1.44 million times valued at Rp11.17 trillion. This week’s final trading session is expected to face continued pressure following the escalation of geopolitical tensions in the Middle East. The surge in oil prices and the dollar index is 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 dollar index jumped to 98.77, the highest since 9 April 2026. Meanwhile, Asia-Pacific stock markets opened mixed as investors remain cautious despite the extension of the Israel-Lebanon ceasefire for three weeks, highlighting the persistent geopolitical uncertainty. Israel and Lebanon agreed to extend their ceasefire for three weeks following a meeting at the White House with senior US officials, said US President Donald Trump on Thursday.