The Composite Stock Price Index (IHSG) dropped by more than 1% in today’s trading session, Friday (April 24, 2026). As of 9:47 AM WIB, the index had fallen by 113.71 points or 1.54% to 7,264.89. A total of 118 stocks advanced, 527 declined, and 95 remained unchanged. Morning trading recorded a transaction value of Rp6.25 trillion, involving 14.67 billion shares traded across 827,676 transactions. Market capitalization also declined to Rp13,013 trillion.

All sectors were in negative territory, with the deepest declines seen in infrastructure, consumer, property, and energy sectors. Large-cap blue-chip stocks were the main drag on the index, with key laggards including BBCA, BBRI, AMMN, DSSA, and TLKM.

Trading at the end of the week is expected to remain under pressure due to escalating geopolitical tensions in the Middle East. Rising oil prices and a stronger US dollar index are also anticipated to weigh on the IHSG and the rupiah.

Brent crude oil prices surged again, closing more than 3% higher at US$105.07 per barrel, the highest level since April 7, 2026. Meanwhile, the US dollar index rose to 98.77, its highest level since April 9, 2026.

In the Asia-Pacific region, stock markets opened mixed as investors remained cautious despite the extension of a ceasefire between Israel and Lebanon for three weeks, highlighting ongoing geopolitical uncertainty.

Israel and Lebanon agreed to extend the ceasefire following a meeting with senior US officials at the White House, as announced by President Donald Trump on Thursday.

Trump stated that the meeting went very well in a Truth Social post announcing the extension. The temporary ceasefire, initially set to expire after 10 days, has been extended to allow more time for diplomatic efforts, with Washington also pledging to assist Lebanon in strengthening its defense against Hezbollah.

US oil futures rose approximately 1.23% to around US$97.03 per barrel.

In Japan, the Nikkei 225 index rose 0.71% and the Topix gained 0.30% after core inflation increased to 1.8% in March, marking its first rise in five months, with the Iran conflict fueling concerns over energy supply.

Government data showed that core inflation—excluding fresh food prices—met economists’ expectations of 1.8% and was higher than February’s 1.6%.

Meanwhile, South Korea’s Kospi index declined by 0.23%, while the small-cap Kosdaq index traded flat. Hong Kong’s Hang Seng futures stood at 25,802, below the previous close of 25,915.2. In Australia, the S&P/ASX 200 fell by 0.29%.

Overnight in the United States, stock markets closed lower on Thursday, driven by declines in software stocks and rising oil prices, as uncertainty surrounding the Iran conflict weighed on investor sentiment.

The S&P 500 fell 0.41% to close at 7,108.40 after earlier reaching a new intraday high. The tech-heavy Nasdaq Composite dropped 0.89% to 24,438.50, although it also hit a record high during the session. The Dow Jones Industrial Average declined by 179.71 points, or 0.36%, to 49,310.32.