IHSG Falls 1.89% Today, Returns to 7,100 Level
Jakarta, CNBC Indonesia — The Composite Stock Price Index (IHSG) returned to the 7,100 level during trading today, Thursday (26/3/2026).
The IHSG fell 1.89% or -138.03 points to 7,164.09. A total of 302 stocks rose, 401 fell, and 255 remained unchanged.
Trading value reached Rp 31.95 trillion, involving 29.45 billion shares in 1.7 million transactions. Market capitalisation also dropped back to Rp 12,594 trillion.
Today’s high trading value was due to a jumbo transaction in the negotiation market. A total of 28,870,682 lots of FAPA shares changed hands at an average price of Rp 6,500. Thus, the total transaction value reached Rp 18.8 trillion.
In contrast to yesterday’s trading, nearly all sectors were in the red by midday today. Utilities, basic materials, and technology were the sectors with the deepest declines.
Even the stocks that supported the IHSG yesterday became weights today. Astra (ASII) fell 5.3% to 6,250, despite rising 13.79% yesterday. ASII burdened the IHSG by 14.33 index points.
Meanwhile, Telkom (TLKM) rose 8.2% in yesterday’s trading, but fell -3.94% today. TLKM dragged the IHSG down by 13.68 index points.
Similarly, markets in the region were also ablaze again. By midday, Japan’s Nikkei fell 0.27%, Korea’s Kospi -3.22%, and Hong Kong’s Hang Seng plunged 1.89%.
Quoting CNBC.com, markets in the region experienced sharp corrections following statements from Iran’s Foreign Minister Abbas Araghchi. He said that the exchange of messages between the two countries through a mediator does not mean that the country is negotiating with the United States.
Previously, on Wednesday, Iranian state media reported that the country would reject the US ceasefire offer and has outlined its own conditions to end the war.
Thierry Wizman, global foreign exchange and interest rate strategist at Macquarie Group, said a ceasefire is unlikely to happen soon.
“On the contrary, intensification of military actions by the US as they try to push Iran to make significant concessions is likely to occur in the next two weeks, before major combat operations succeed, possibly in mid-April,” Wizman said.
“The war may now enter a third phase of ‘talk and fight,’ rather than just talking or just fighting,” he wrote in a note.
Domestically, Finance Minister Purbaya Yudhi Sadewa opened the possibility of placing government funds in private banks, but with strict conditions. He emphasised that only banks with strong fundamentals or a “healthy kitchen” would be considered.
“Private banks, if they want, we will open it later, the healthy ones. If not, I’ll be in prison again,” Purbaya said during a halal bihalal with reporters on Wednesday (25/3/2026).
On the same occasion, Purbaya revealed that he has added government fund placements to the consortium of state-owned banks (Himbara) and Bank Jakarta by Rp 100 trillion. With this addition, the total funds placed reach around Rp 300 trillion.