JCI Opens in the Green, Asia-Pacific Markets Sluggish Amid US Threat to Blockade Strait of Hormuz

Jakarta – The Jakarta Composite Index (JCI) opened stronger by 41 points or 0.56% at the level of 7,541 during Tuesday’s trading session on 14 April 2026.

Head of Retail Research at BNI Sekuritas, Fanny Suherman, predicted that the JCI has the potential to continue strengthening in today’s trading.

“The JCI has the potential to attempt continuing its rise to 7,600. However, be cautious, as if it fails to break through 7,600, the JCI will correct first,” said Fanny in her daily research on Tuesday, 14 April 2026.

She stated that Asia-Pacific markets varied, with the majority declining in Monday’s trading, in line with rising investor concerns after the US moved towards blockading Iranian ports following the failure of peace negotiations with Tehran.

The deadlock in talks held in Islamabad over the weekend reignited fears that the US-Iran conflict would last longer than expected.

This drove a surge in oil prices and has the potential to pressure the global economy. Crude oil prices jumped sharply after the talks ended without agreement, and the US took steps towards blockading Iranian port traffic.

On the other hand, US President Donald Trump is reportedly considering continuing airstrikes against Iran, according to media reports. Previously, Trump agreed to a two-week ceasefire on the condition that Iran opens shipping access in the Strait of Hormuz.

Japan’s Nikkei 225 index fell 0.74%. Topix weakened 0.45%, South Korea’s Kospi corrected 0.86%, Australia’s S&P/ASX 200 weakened 0.39%, and Hong Kong’s Hang Seng fell 0.90%. Meanwhile, China’s CSI 300 rose 0.21% and Kosdaq strengthened 0.57%.

“JCI support is at the level of 7,400-7,450, while JCI resistance is in the range of 7,560-7,600,” she said.

For information, Wall Street stock indices closed higher in Monday’s trading, driven by investor optimism regarding the chances of reaching an agreement between the US and Iran amid ongoing geopolitical tensions.

The S&P 500 rose 1.02%, the Nasdaq Composite strengthened 1.23%, and the Dow Jones Industrial Average added 0.63%. Meanwhile, Oracle shares surged nearly 13%, and Palantir Technologies rose more than 3%.

Another positive sentiment came after US President Donald Trump revealed signals from the opposing side to reopen opportunities for an agreement. “We have been contacted by the other side. They are very keen to reach an agreement,” he said.