Market Surges as IHSG Rises 5%

Jakarta, CNBC Indonesia — The Jakarta Composite Index (IHSG) continued its rally towards the end of the first session today, Monday (15/6/2026). As of 11:44 WIB, the IHSG rose 300.52 points, or 5%, to 6,308.18. A total of 691 stocks advanced, 185 were stagnant, and only 83 issuers declined. Transaction value was relatively busy, reaching Rp 15.95 trillion involving 27.43 billion shares in 1.78 million transactions. Market capitalisation also crept up, touching Rp 11,019 trillion.

Financial market movements today and over the coming week are still expected to be overshadowed by heightened global uncertainty due to the conflict in the Middle East. After world oil prices soared sharply and market volatility increased in recent weeks, investors are now awaiting a number of important economic data points that could provide clues regarding 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 Federal Reserve (The Fed), US consumption data, and a series of Chinese economic indicators that have long served as a barometer of 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 agreement reached between the United States (US) and Iran. World oil prices immediately plummeted 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 soared 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%.