IHSG falls 0.91% in first session to 6,149
Indonesia’s benchmark stock index (IHSG) fell on Tuesday (26 May 2026), continuing the pressure after a previous day’s gains. At the close of the first session, the index dropped 56.67 points or 0.91% to 6,149.68, ranging between 6,132.57 and 6,286.87. Trading value for the session reached Rp 9.1 trillion with a volume of 15.32 billion shares and 1.21 million transactions. 253 stocks rose, 396 fell, and 169 remained unchanged. Most sectors declined, with the deepest drops in consumer goods, property, and financials. Blue-chip stocks like Astra International (ASII), which contributed a 11.9-point decline, Bank Rakyat Indonesia (BBRI) -10.98 points, and Bank Central Asia (BBCA) -9.7 points, were key factors. Indonesian financial markets are expected to remain cautious due to the Eid al-Adha holidays, with trading suspended on Wednesday and Thursday before resuming Friday. Meanwhile, US-Iran negotiations in Doha showed progress on ending the three-month conflict, including discussions on reopening the Strait of Hormuz and Iran’s nuclear programme, though a near-term agreement remains uncertain. Optimism led to a drop in oil prices, with Brent crude down 7% to $96.14 per barrel and WTI fell over 6% to $90.30. US President Donald Trump stated talks with Iran were going well but warning of potential strikes if negotiations failed. US Secretary of State Marco Rubio emphasised diplomacy as the priority. Israel continued attacks on Hezbollah in Lebanon, while Iran claimed to shoot down a stealth drone in the Gulf. The tensions had previously caused oil price surges and shipping disruptions in the Strait of Hormuz. Asian markets traded mixed amid investor optimism over potential US-Iran progress. South Korea’s benchmark index hit a record high of 8,094.90, while Japan’s Nikkei 225 fell 0.18% after a record high above 65,000 the previous day. Topix index fell 0.36% amid investor profit-taking, and Australia’s S&P/ASX 200 declined 0.17% at the start of trading. Hong Kong’s Hang Seng futures also fell.