IHSG Opens 0.57% Higher This Morning at 6,212 Level

Jakarta - The Jakarta Composite Index (IHSG) began this week’s trading in positive territory, buoyed by improving market sentiment. At the opening of trading on Monday (22/6/2026), the IHSG opened 0.57% higher, gaining 35.5 points to reach 6,212.64. Based on data from the Indonesia Stock Exchange (BEI) via the IDX Mobile application at 09.00 WIB, the IHSG immediately moved into positive ground with an opening level of 6,217.05. The highest position was temporarily at 6,226.72 and the lowest level at 6,210.12. Trading activity at the start of the session was observed to be quite busy. Transaction value reached Rp388.3 billion with a trading volume of 365.5 million shares changing hands across 47,970 transactions. In terms of stock movement, 309 stocks advanced, 112 stocks declined, and 538 stocks remained stagnant. The market capitalisation of the Indonesia Stock Exchange was recorded at Rp10,858 trillion. As trading enters the first session of the week, domestic market participants will scrutinise several important sentiments from both home and abroad. Domestically, market attention will be focused on the MSCI Classification announcement scheduled for 24 June 2026. This announcement is important as it relates to market accessibility and could influence global investors’ perception of the Indonesian capital market. Previously, on Friday last week, MSCI released its Global Market Accessibility Review 2026 report. In the report, Indonesia maintained its Emerging Market status, meaning the Indonesian capital market is still considered to meet the criteria as a developing market. However, the report also provided an important note for Indonesia. MSCI downgraded Indonesia’s assessment on the Information Flow criterion from a previous ‘+’ to a ‘-’. This week’s MSCI announcement will be closely scrutinised. If Indonesia is retained with limited notes, pressure on the stock market could ease. However, if MSCI provides additional negative signals, concerns about foreign fund flows could increase again. Another sentiment that the market will monitor at the start of the week is the development of the war between the US and Iran. Hopes for peace had emerged after US President Donald Trump and Iranian President Masoud Pezeshkian signed a 14-point peace memorandum of understanding (MoU) virtually last Wednesday. However, the process towards a permanent agreement has not been smooth. The US-Iran peace talks originally scheduled to take place in Burgenstock, Switzerland, on Friday (19/6/2026) were cancelled. In the latest development, US President Donald Trump threatened to attack Iran again, even as Vice President JD Vance met with Iranian officials in Switzerland for the first negotiations following the temporary peace deal. The meeting was overshadowed by Tehran’s decision to re-close the Strait of Hormuz, citing the US’s failure to ensure a ceasefire in Lebanon. Trump demanded Iran cease its support for Hezbollah and warned that the US would strike harder if the conflict continued. According to a Fox News report, Trump even threatened that Iran would ‘lose its country’ if it kept the Strait of Hormuz closed. For the market, developments in the Strait of Hormuz are crucial because this route is one of the main arteries of the world’s oil trade. If tensions escalate again and disrupt global energy flows, oil prices have the potential to remain high.