Indonesian Political, Business & Finance News

Breaking News! IHSG Surges, Opens Up 1.45% This Morning

| Source: CNBC Translated from Indonesian | Finance
Breaking News! IHSG Surges, Opens Up 1.45% This Morning
Image: CNBC

The Jakarta Composite Index (IHSG) opened up 1.45% at 7,150.45 this morning, Wednesday (1 April 2026).

355 stocks rose, 68 fell, and 535 were unchanged. Trading value reached Rp 358.5 billion, involving 472.1 million shares in 28,280 transactions.

Market capitalisation also climbed to Rp 12,575 trillion.

In the region, Asia-Pacific stock markets rebounded after several subdued days. This positive sentiment was spurred by a statement from US President Donald Trump indicating the possibility of troop withdrawals in the near future.

South Korea’s Kospi index led the gains with a nearly 5% surge at the opening of trade. The small-cap Kosdaq index also rose 4.13%, boosted by South Korea’s March exports jumping 48.3% year-on-year, exceeding market expectations.

In Japan, the Nikkei 225 strengthened by 3.51% and the Topix rose 3.17%. Positive sentiment also stemmed from the Tankan survey released by the Bank of Japan.

Indonesia’s financial markets today will focus on several key domestic data releases, from inflation and trade balance to Indonesia’s Manufacturing Purchasing Managers’ Index (PMI). From abroad, improvements in China’s manufacturing activity and a weakening US labour market will also be sentiments watched by market players.

However, the market is still shadowed by challenges in the energy sector. The government has assured that non-subsidised fuel (BBM) prices will not rise as of 1 April 2026 and domestic energy supplies remain secure, but global energy price volatility due to the war in the Middle East remains a factor to be wary of in today’s market.

Energy and Mineral Resources Minister Bahlil Lahadalia on Tuesday (31 March 2026) emphasised that the government will not raise non-subsidised BBM prices as of 1 April 2026.

“Regarding Pertadex BBM or high-quality diesel, there is no price adjustment, and what was conveyed by the Cabinet Secretary is neither more nor less. Of course, with global price fluctuations, we will review according to world developments,” Bahlil said in a press conference on Tuesday (31 March 2026).

On the same occasion, Bahlil also assured that domestic energy supplies are still in a safe condition. He stated that reserves of BBM, including diesel, petrol, avtur, and LPG, are currently above the national minimum standards.

“This means that even though we know geopolitical tensions are unresolved and when they will end, and some other countries have implemented efficiency policies. We are grateful for the President’s guidance that all our BBM reserves are above the national minimum standards,” he said.

Bahlil also emphasised that the government has secured alternative sources for oil and LPG imports that previously came from the Middle East. According to him, this step was taken to ensure that unrest in the region does not directly disrupt national energy needs.

“When there is tension in the Middle East, we replace it from the Middle East. Alhamdulillah, we have already obtained it, no more doubts. We have got it,” Bahlil stressed.

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