Indonesian Political, Business & Finance News

IHSG Surges 3% at Open Following US-Iran Peace Deal

| Source: CNBC Translated from Indonesian | Economy
IHSG Surges 3% at Open Following US-Iran Peace Deal
Image: CNBC

Jakarta, CNBC Indonesia - The Jakarta Composite Index (IHSG) opened sharply higher on Monday (15/6/2026), continuing a significant rally recorded last week.

Based on IDX Mobile data at 09.00 WIB, the IHSG opened at 6,118.72, up 111.01 points or 1.85% compared to the previous close of 6,007.66. Minutes after the market opened, the IHSG surged 3.01% to 6,191.21.

A total of 397 stocks rose, 53 stocks fell, and 220 stocks were stagnant. Transaction value was recorded at IDR 350 billion, with a trading volume of 478.64 million shares and 39,441 trades.

The most actively traded issuers today included BBCA, BBRI, BMRI, TPIA and BUMI.

Financial market movements today and over the coming week are expected to remain overshadowed by heightened global uncertainty due to the conflict in the Middle East. After world oil prices soared and market volatility increased in recent weeks, investors are now awaiting a number of key economic data points that could provide clues on the direction of global economic growth, interest rate prospects, and exchange rate stability.

The market’s main focus will be on the interest rate meetings of Bank Indonesia and the US Federal Reserve, US consumption data, and a series of economic indicators from China, which serves as a barometer for global commodity demand. For Indonesia, the combination of this data will influence the movement of the rupiah, the IHSG, the bond market, and the prospects for commodity sectors such as coal, nickel, and crude palm oil (CPO).

Asian bourses welcomed news of a peace deal between the United States and Iran. World oil prices immediately plunged after US President Donald Trump announced that the two countries had finalised an agreement to reopen the Strait of Hormuz.

In the Asian region, investors responded to this geopolitical development with enthusiasm. South Korea’s Kospi index surged 5.1%, leading gains in the region. Japan’s Nikkei 225 index rose 3.6%, while the Topix index strengthened 2.6%. In Australia, the S&P/ASX 200 index also recorded a gain of 1.3%.

Citing CNBC International, US crude oil futures contracts for July delivery fell 4.77% to US$80.83 per barrel at 20.27 ET. Meanwhile, Brent futures contracts, the international benchmark, for August delivery traded around 4% lower at US$83.77 per barrel.

In a social media post, Trump said the Strait of Hormuz would be opened on Friday, the day the official peace treaty signing ceremony is scheduled to take place in Switzerland. “With the opening of the Strait of Hormuz after the signing of the Treaty on Friday, for the purpose of mine clearing, oil will flow again at both ends for this region, and the world!” he said.

It is known that approximately 20% of the world’s oil supply passes through the Strait of Hormuz, before tanker traffic plummeted in early March due to Iranian attacks. The disruption in the Strait of Hormuz triggered the largest oil supply disruption in history.

Pakistani Prime Minister Shehbaz Sharif stated that the United States and Iran had announced an immediate and permanent cessation of military operations on all fronts, including in Lebanon. The Pakistani Prime Minister acted as a mediator between the United States and Iran.

View JSON | Print