Jakarta equities opened higher on Wednesday, with stabilising oil prices and improved global sentiment supporting a broad-based rally.
IDX Composite rises on commodity relief
Indonesia’s benchmark index moved higher at the open, benefiting from reduced volatility in energy and commodity markets following the ceasefire.
The reopening of the Strait of Hormuz has eased fears of prolonged supply disruptions, stabilising export-linked sectors.
Resource and banking stocks lead
Coal, energy, and palm oil producers saw strong gains, reflecting improved pricing stability and demand expectations.
Banks also advanced, supported by Indonesia’s relatively resilient domestic growth outlook.
Foreign flows return cautiously
The improved global backdrop has started to attract foreign capital back into emerging markets, including Indonesia. However, flows remain sensitive to global risk sentiment.
Still exposed to global cycles
Indonesia’s market remains closely tied to commodity dynamics and external demand. While the ceasefire provides short-term relief, longer-term direction will depend on global growth and energy trends.
For now, Jakarta is benefiting from a more stable external environment.
Newshub Editorial in Asia – April 9, 2026
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