IHSG Strengthens Following Global Markets Amid Optimism Over US-Iran Agreement

Jakarta (ANTARA) - The Composite Stock Price Index (IHSG) of the Indonesia Stock Exchange (BEI) moved higher on Thursday, following the trend in Asian and global markets, amid optimism over a potential agreement between the United States (US) and Iran.

The IHSG opened up 68.32 points or 0.96 percent at 7,160.79. Meanwhile, the LQ45 Index of 45 leading stocks rose 7.55 points or 1.11 percent to 690.31.

“It is estimated that the IHSG has the potential to continue strengthening, testing the 7,150-7,200 level,” said Head of Research at Phintraco Sekuritas, Ratna Lim, in her analysis in Jakarta on Thursday.

From overseas, the strengthening of Asian and global stock markets was triggered by optimism that the United States (US) and Iran are close to reaching an agreement to end the war.

On the other hand, US President Donald Trump signalled that the deal is not yet certain, stating that it is a big assumption that Iran will agree to the US proposal.

Meanwhile, from the US, ADP Employment data showed that the private sector in the US added 109,000 jobs in April 2026, the largest increase since January 2025 and above expectations of 99,000.

The stronger-than-expected data reflects the labour market as depicted by The Fed, where companies are avoiding layoffs but significantly reducing hiring amid slower workforce growth due to lower immigration.