IHSG opens lower as Asian and Wall Street markets rise on positive Iran-US talks sentiment

IHSG opened 14 points or 0.24% lower at 6,191 at the start of trading on Tuesday, 26 May 2026. BNI securities’ head of retail research, Fanny Suherman, predicted further correction in the benchmark index. ’ IHSG is likely to correct today,’ she said in her daily research on Tuesday, 26 May 2026. Asian markets rose on Monday, with Japan’s Nikkei 225 surging 2.87% and Topix advancing 1.29%. Taiwan’s Taiex jumped 3.26%, China’s CSI 300 increased 1.58%, and Australia’s ASX 200 rose 0.40%. Meanwhile, Singapore’s Straits Times index added 0.05% while Malaysia’s FTSE fell 0.24%. The gains in Asian markets followed hints from US officials about a potential agreement to reopen the Strait of Hormuz, though key negotiations continue and a final agreement may take several days. ’ Support for IHSG is at 6,060-6,170 while resistance is between 6,250-6,270,’ she added. Wall Street was closed on Monday for Memorial Day. Last Friday, US indexes closed higher as US government bond yields eased. The Dow Jones Industrial Average rose 0.58%, S&P 500 advanced 0.37%, and Nasdaq composite gained 0.19%. Market sentiment was also supported by hopes of de-escalation in US-Iran tensions. Reuters reported that a Qatar team, coordinated with the US, flew to Tehran to help broker a deal to end the conflict. Meanwhile, Brent crude oil prices rose 0.9% to $103.54 per barrel, while WTI gained 0.3% to $96.60 per barrel.