The Jakarta Composite Index Surges After Trump Announces a Ceasefire (Wednesday, April 8, 2026)

The Jakarta Composite Stock Price Index (IHSG) rose 4.42% to 7,279.21 at the close of trading on Wednesday (8/4/2026). This increase was partly influenced by the news of a ceasefire between the United States (US) and Iran.

"The significant surge in the IHSG is inseparable from the emergence of short-term positive global sentiment, especially the news of easing geopolitical tensions between the US and Iran," said capital market analyst Hendra Wardana, as reported by Antara.

The news of the ceasefire was directly announced by US President Donald Trump via his Truth social media account.

"Based on conversations with Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, of Pakistan, and wherein they requested that I hold off the destructive force being sent tonight to Iran, and subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz, I agree to suspend the bombing and attack of Iran for a period of two weeks," said Trump, Wednesday (8/4/2026).

According to the IDX-IC Sectoral Index, all or 11 domestic stock sectors strengthened today. The basic materials sector led with an increase of up to 8.79%, followed by the infrastructure and industry sectors, which rose 6.27% and 6.06% respectively.

According to RTI Business data, the frequency of domestic stock trading today reached 2.43 million transactions, with a total of 43.07 billion shares changing hands, with a total transaction value of Rp22.86 trillion.

A total of 623 stocks closed higher today, 101 stocks weakened, and 95 stocks stagnated.

Today's top gainer was FWCT, which soared 34.18%, followed by KUAS and RMKO, which rose 33.64% and 25% respectively.

Meanwhile, GSMF became the top loser after plummeting 14.58%, followed by ESIP, which fell 11.32%, and CBPE, which dropped 10.61%.

In line with the IHSG, all Asian stock markets ended the day in the green zone. The Nikkei Index rose by 5.39% to 56,308.42; the Hang Seng Index rose by 3.09% to 25,893.02; the Shanghai Index rose by 2.69% to 3,995; and the Strait Times Index rose by 0.77% to 4,996.05.