IHSG Rallies for 4 Days, Closes Up 1.15% Today

Jakarta, CNBC Indonesia — The Composite Stock Price Index (IHSG) ended in positive territory at the close of trading today, Thursday (7/5/2026). The IHSG closed up 81.85 points or 1.15% at the level of 7,174.32. A total of 370 stocks rose, 315 fell, and 274 were unchanged. Trading value reached Rp 22.59 trillion, involving 39.55 billion shares in 2.63 million transactions. Market capitalisation today stood at Rp 12,782 trillion. Citing Refinitiv, four sectors led the IHSG today, namely technology (3.88%), financials (3.28%), healthcare (2.29%), and property (2.18%). Banking stocks were the main drivers of the IHSG today. Bank Central Asia (BBCA) and Bank Rakyat Indonesia (BBRI) contributed 25.76 points and 23.52 points, respectively. Both stocks rose 4.62% and 4.75%. Then, Bank Mandiri (BMRI) and Bank Negara Indonesia (BBNI) contributed 10.17 points and 4.86 points. In addition, several technology stocks, such as Mora Telematika (MORA) and DCI Indonesia (DCII), also made the list of top movers with significant weight. In the region, most Asian markets also strengthened. The Nikkei led with a gain of 5.58%, followed by the Taiwan market at 1.93% and the HSI in Hong Kong at 1.57%. Then, the Kospi rose 1.43% and Shenzhen 1.18%. In war developments, Iran stated on Wednesday that it is reviewing a peace proposal from the United States. This has the potential to officially end the war. However, the proposal has not yet addressed the main US demands, namely the cessation of Iran’s nuclear programme and the reopening of the Strait of Hormuz. In a post on Truth Social, US President Donald Trump said that the US military operation known as Operation Epic Fury would end if Iran agrees to provide what has been agreed upon, which may be a major assumption. As tensions ease, oil prices have also fallen. Oil prices plunged as traders reduced their exposure in hopes that the war will soon end. West Texas Intermediate (WTI) crude fell 7.03% to US$95.08 per barrel. Meanwhile, Brent crude fell 7.83% to US$101.27 per barrel. Domestically, Trade Minister Budi Santoso issued Trade Ministerial Regulation No. 12 of 2026 on 28 April 2026, effective from 29 April 2026. This regulation is the fifth amendment to Trade Ministerial Regulation No. 23 of 2023 on Export Policy and Regulation. The policy expands the scope of export controls, including the list of regulated commodities, ranging from rice, animal products, fisheries, to mining outputs. In addition, the authority to suspend, freeze, and revoke export licences can now also be proposed by related ministries or agencies and decided through inter-ministerial coordination meetings. This policy is emphasised to strengthen government control so that export activities continue to align with meeting domestic needs and national interests.