IHSG rises following Asian markets amid US-Iran peace hopes

Asian regional markets rose as global risk sentiment improved amid hopes of a US-Iran peace agreement. The Indonesia Stock Exchange’s Composite Index (IHSG) closed 44.30 points, or 0.72%, at 6,206.35 on Monday afternoon, following gains in Asian markets. The LQ45 index rose 10.77 points, or 1.74%, to 631.21. Maximilianus Nico Demus, Associate Director of Research and Investment at Pilarmas Investindo Sekuritas, said: ‘Asian regional markets rose as global risk sentiment improved amid hopes of a US-Iran peace agreement.’ Senior US officials indicated that the US and Iran are close to reaching an agreement that would reopen the Strait of Hormuz, with key terms still being negotiated and final approval from both sides expected to take several days. Although the peace deal has not been finalised, the signal has raised hopes for Middle East stability and the reopening of the Strait of Hormuz could restore oil flows and support the global economy. Domestically, the IHSG fluctuated due to both global and domestic sentiment: the US-Iran deal narrative provided positive catalysts, while pressure on the Rupiah exchange rate weighed on sentiment. Meanwhile, Bank Indonesia reported a $9.15 billion deficit in the Balance of Payments (NPI) for Q1 2026, amid global economic dynamics that could affect the NPI outlook. The deficit was significantly larger than the same period last year, spurring investor concerns over Indonesia’s external resilience and increasing demand for US dollars. Opening higher, the IHSG remained in positive territory until the first session’s close and maintained gains until the end of the second session. According to the IDX-IC Sectoral Index, seven sectors rose, led by transportation and logistics up 4.20%, followed by property and financials, each rising 1.23% and 1.14%. Four sectors declined, with energy falling the most at 1.94%, followed by basic materials and healthcare, down 1.23% and 0.70% respectively. The top gainers were GRIA, LAJU, TALF, RONY, and BBHI, while the biggest losers were DFAM, LCKM, ASPR, DAAZ, and AREA. Trading frequency stood at 2,065,076 transactions with 27.66 billion shares valued at Rp16.95 trillion traded. Of these, 470 shares rose, 236 fell, and 114 remained unchanged. Regional Asian markets also rose: the Nikkei index gained 1,925.93 points (3.04%) to 65,265.00, the Shanghai Composite rose 39.67 points (0.96%) to 4,152.57, the Hang Seng increased 219.51 points (0.86%) to 25,606.38, and the Straits Times Index rose 2.40 points (0.05%) to 5,070.55.