Video: IHSG, SBN and Rupiah Threatened by Iran War; Pinnacle Investment CEO Reveals the Dangers

Jakarta, CNBC Indonesia — The Middle East conflict involving Iran with the United States and Israel has triggered panic in financial markets as concerns mount about its impact on surging global oil prices, disruption to global logistics, inflation spikes, and a slowdown in global economic growth.

The correction occurring in financial markets, particularly the IHSG, bond market and Rupiah, according to Pinnacle Investment CEO Guntur Putra, is not unrelated to pressure from a number of issues ranging from the Iran-US conflict to domestic issues concerning assessments by global rating agencies MSCI and Fitch Ratings regarding Indonesia’s economy and stock market.

This is reflected in the IHSG continuing to experience corrections, SBN yields surging from 6.4 per cent to 6.7 per cent, and the Rupiah nearly touching the level of Rp17,000 per US dollar.

How market participants view the development of Indonesia’s financial market situation as it faces the volatility of the US versus Iran conflict and what are the implications for Indonesia? For more details, see the dialogue between Syarifah Rahma and Pinnacle Investment CEO Guntur Putra in Squawk Box, CNBC Indonesia (Tuesday, 10 March 2026).