Video: Israel and US Strike Iran, Jakarta Stock Exchange Opens Down 1.77%

A major military strike by Israel and the United States against Tehran, Iran on Saturday, 28 February 2026, has escalated tensions in the Middle East and created negative sentiment across global financial markets.

The attack has raised concerns among investors about a broader escalation of Middle Eastern tensions and potential spillover effects from the Israel-Iran conflict. This anxiety has prompted investors to take defensive positions ahead of potential further military escalation.

The regional tension has weighed heavily on Indonesian financial markets. The Jakarta Composite Index (IHSG) opened down 1.77% at 8,089, whilst the Rupiah weakened to Rp 16,810 per US dollar.

The market response reflects broader concern amongst investors about geopolitical risks and potential disruption to global economic stability.