Indonesian Political, Business & Finance News

IHSG Rises 2.1% to 7,660 Level

| Source: TEMPO_ID_BISNIS Translated from Indonesian | Finance

The Composite Stock Price Index (IHSG) closed up 2.19% or 160.5 points at the level of 7,660 during the first trading session on Tuesday, 14 April 2026. This continued the strengthening from the opening of trading today, which rose 98.61 points or 1.31% to the position of 7,598.

Citing data from the Indonesia Stock Exchange, the majority of indices experienced strengthening. Except for the technology sector index (IDXTECHNO) and the consumer cyclicals sector (IDXCYCLIC). The highest strengthening in session 1 occurred in the infrastructure sector index (IDXINFRA), which rose 4.97%.

During the past week or trading from 6–10 April 2026, the IHSG recorded a significant reversal with a strengthening of 6.14% after the previous week experienced pressure. Equity Analyst at PT Indo Premier Sekuritas (IPOT), Hari Rachmansyah, explained that this positive performance was driven by the easing of global geopolitical tensions. Along with the agreement on a temporary ceasefire between the United States and Iran for two weeks and the reopening of the strategic Strait of Hormuz, which became the main catalyst for improving risk sentiment in the global market.

For this week or trading from 13-17 April 2026, Hari advised traders and investors to pay attention to several sentiments from global and domestic sources. For global sentiments, it is necessary to monitor the movements of major Wall Street indices such as the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite.

These indices are expected to face renewed pressure following the latest failed negotiations between the United States and Iran, which have not yet produced concrete agreements. “This condition prolongs global geopolitical uncertainty and increases investor concerns about the potential escalation of conflict that could directly impact energy market stability,” he said in a written statement quoted on Tuesday, 14 April 2026.

Negative sentiment mainly stems from the risk of ongoing disruptions to global energy distribution, particularly the strategic Strait of Hormuz, which remains a crucial point in the world’s oil supply chain. Without an agreement, markets are beginning to anticipate the possibility of supply tightening that could keep energy prices high, thereby potentially holding back the decline in global inflation and narrowing the room for central banks to ease monetary policy in the near term.

The next sentiment is market expectations regarding the direction of the US Federal Reserve’s policy, which is predicted to set a hawkish monetary policy. In line with the still-high energy-based inflation risks. This condition could keep US bond yields high and add further pressure on risk assets, particularly growth-based stocks that are sensitive to interest rates.

According to Hari, overall, this dynamic is pushing global investors to adopt a risk-off stance in the short term. “With the potential rotation to safe-haven assets such as the US dollar and energy commodities,” he said. Market volatility is expected to remain high in the coming week, with the direction of movement highly dependent on further developments in geopolitical negotiations and global monetary policy signals.

In addition, domestic dynamics are expected to be influenced by two main catalysts, namely the potential adjustment of non-subsidised fuel prices and the rupiah exchange rate stabilisation measures, which are currently under pressure around 17,000 to the US dollar.

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