JCI Rebounds, Climbing to 7,750 Level Driven by US-Iran Sentiment
REPUBLIKA.CO.ID, JAKARTA – The Composite Stock Price Index (JCI) of the Indonesia Stock Exchange (IDX) strengthened on Wednesday morning, following Asian and global markets, driven by market participants’ hopes for an agreement between the United States (US) and Iran.
The JCI opened up 74.95 points or 0.98% to 7,750.90. Meanwhile, the LQ45 index of 45 leading stocks rose 7.90 points or 1.03% to 772.22.
“If the JCI can hold above the 7,700 level, it is expected to test around 7,800. However, short-term profit-taking potential needs to be watched, given that the JCI has entered overbought territory,” said Head of Research at Phintraco Sekuritas, Ratna Lim, in her analysis in Jakarta on Wednesday (15/4/2026).
From developments in the Middle East conflict, US President Donald Trump stated that the US has been contacted by Iranian officials who want to make a deal, adding that Iran will not have nuclear weapons.
Meanwhile, Pakistan has offered to host the second round of discussions before the ceasefire ends. Additionally, it was reported that the US, Israel, and Lebanon have agreed to start direct negotiations in the US.
The impact of the war on economic projections is evident in global data. According to the IMF’s latest global economic growth projection, global economic growth is expected to slow to 3.1% in 2026 and 3.2% in 2027.
After overcoming higher trade barriers and increasing uncertainty last year, the IMF states that global activity now faces a major test due to the outbreak of war in the Middle East.
In addition, the IMF states that disruptions to oil distribution in the Strait of Hormuz have triggered significant increases in oil and gas prices, directly impacting import cost burdens, especially for developing countries.
If the conflict persists, the IMF warns that global economic growth could weaken to 2%, indicating a global recession. The IMF also warns of the risk of stagflation.
Domestically, the Financial Services Authority (OJK) released two strategic roadmaps for 2026-2030 to deepen the domestic financial market, namely the development of the derivatives market and sustainable capital market.
The derivatives market development focuses on investor protection, regulatory harmonisation, and infrastructure improvements to create a liquid and efficient market.
Meanwhile, the sustainable capital market roadmap targets strengthening ESG-based instruments to support Indonesia’s net zero emissions, with main pillars including policy, product diversification, incentives, and collaboration.
On Tuesday’s trading (14/4/2026), European stock markets uniformly strengthened, including the Euro Stoxx 50 up 1.32%, the UK’s FTSE 100 up 0.25%, Germany’s DAX up 1.27%, and France’s CAC 40 up 1.12%.
The US Wall Street markets also uniformly strengthened on Tuesday (14/4/2026), including the Dow Jones Industrial Average up 0.66% to 48,535.99, the S&P 500 up 1.18% to 6,967.38, and the Nasdaq Composite up 1.81% to 25,842.00.
Regional Asian stock markets this morning included the Nikkei up 492.11 points or 0.85% to 58,369.50, the Shanghai index up 15.65 points or 0.39% to 4,042.28, the Hang Seng up 279.68 points or 1.08% to 26,152.00, and the Straits Times up 14.80 points or 0.30% to 5,022.37.