Breaking News! IHSG Plunges Deeper, Closes Down 2%
Jakarta, CNBC Indonesia — The Composite Stock Price Index (IHSG) fell even deeper at the close of trading today, Thursday (2 April 2026). The IHSG dropped 157.66 points or -2.19% to the level of 7,027.64.
A total of 558 stocks declined, 184 rose, and 216 were unchanged. The transaction value reached Rp 12.3 trillion, involving 23.43 billion shares in 1.75 million transactions. Market capitalisation also fell to Rp 12,305 trillion.
Throughout the day, the IHSG moved within the range of 7,019.23–7,161.8. From the morning, the IHSG remained in the red zone after the latest speech by United States President Donald Trump on the Iran war emerged before the market opened.
Trump emphasised that the “Epic Fury” operation 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 take them back to the Stone Age,” he said in his state of the union address at the White House, Wednesday (1 April 2026) night local time.
He also reiterated that regime change was not the main objective 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 were the easiest to destroy.
In his statement, 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 the attack on Iran’s nuclear facilities, which were previously hit by B-2 bombers. He said the damage caused was so severe that it would take months before the area could be approached again. He emphasised that the US would strike again if Iran attempted to revive its programme.
“We hold all the ‘cards’,” Trump said.
Along with this, oil prices boiled over again. Based on Refinitiv data at 09:17 WIB, Brent 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%.
Asian stock markets also ignited again. The Kospi index in South Korea plunged 4.47% and the Nikkei in Japan fell 2.38%. Likewise, the Hang Seng in Hong Kong dropped 0.7% and the ASX200 -1.06%.