Energy Sector Boosts IHSG Up 6.14%, Eye Big Cap Stocks and Sea Transport
JAKARTA, KOMPAS.com - The Composite Stock Price Index (IHSG) recorded a rebound throughout the trading period of 6-10 April 2026, strengthening by 6.14 per cent, reversing direction after experiencing pressure in the previous week.
Equity Analyst at PT Indo Premier Sekuritas (IPOT), Hari Rachmansyah, assessed that the strengthening was driven by the easing of global geopolitical tensions, in line with a temporary ceasefire agreement between the United States and Iran for two weeks and the reopening of the strategic Strait of Hormuz route. This condition became the main catalyst for improving risk sentiment in global markets.
Nevertheless, foreign investor participation remains cautious. This is reflected in an outflow of funds (net sell) amounting to Rp 3.3 trillion in the regular market throughout the period, so the IHSG strengthening was more supported by domestic fund flows and rotations in large-capitalisation stocks.
The rise in those stocks also increased domestic investors’ risk appetite and triggered further strengthening in other stocks.
“Overall, the IHSG movement in the past week reflects a shift in sentiment towards risk-on, although still overshadowed by foreign investors’ caution. Going forward, the sustainability of this trend will very much depend on global geopolitical stability and the consistency of domestic fund flows,” said Hari on Monday (13/4/2026).
For the upcoming trading week or the period of 13-17 April 2026, Hari advised investors to monitor several global and domestic sentiments.
This condition prolongs geopolitical uncertainty and increases concerns about disruptions to global energy distribution, especially in the Middle East region and the strategic Strait of Hormuz route.
Without an agreement, the market anticipates potential supply tightening that could keep energy prices high, thereby holding back the decline in global inflation and limiting room for monetary policy easing.
On the other hand, expectations for Federal Reserve policy are leaning hawkish again, in line with high energy-based inflation risks. This could keep US bond yields high and pressure risk assets, particularly growth-based stocks.
Overall, these conditions are pushing global investors back to a risk-off stance in the short term, with potential rotation to safe haven assets like the US dollar and energy commodities. Market volatility is also expected to remain high in the upcoming week.