The Composite Stock Price Index (IHSG) came under pressure again in Friday’s trading session (March 27, 2026). At the opening, the index slipped 0.39% to 7,136.37.

As of 09:39 WIB, the decline continued, with the index falling by 72.86 points or -1.02% to 7,091.23.

A total of 390 stocks declined, 184 advanced, and 384 remained unchanged. Trading value reached Rp 2.79 trillion, involving 4.94 billion shares across 378,500 transactions.

According to CNBC Indonesia’s observation, shares of Bank Central Asia (BBCA) became the main drag on the index this morning. BBCA fell 2.18% to 6,725, pulling the IHSG down by 11.84 index points. The sharp correction coincided with the dividend cum date occurring today.

The IHSG’s movement was in line with most regional markets. Japan’s Nikkei index dropped 0.86%, South Korea’s Kospi declined 3.25%, and Taiwan’s market fell 1.79%. Meanwhile, Hong Kong’s Hang Seng edged slightly higher and Singapore’s STI rose 0.37%.

Indonesia’s financial markets are expected to remain volatile toward the end of the week.

The prospect of a ceasefire between the United States and Israel against Iran remains uncertain, and the optimism seen earlier on Wednesday appears to be fading.

Market participants are now paying closer attention to the tangible impacts spreading across policymaking, industries, and real economies in various countries, especially following the blockade of the Strait of Hormuz.

Quoting CNBC.com, Donald Trump decided to extend the deadline for the planned attack by 10 days until April 6 to allow room for negotiations. The decision was reportedly made at the request of the Iranian government as part of efforts to ease tensions.

Trump stated that the extension was granted in exchange for 10 oil tankers being allowed to pass through the Strait of Hormuz as a “gift” from Tehran. He also emphasized via a Truth Social post that the delay aims to create an opportunity for a diplomatic resolution.

In his statement, Trump said that discussions are ongoing and progressing well, despite differing reports in the media. However, Washington has expressed its intention to resolve the conflict through negotiations, while Tehran denies any direct communication with the United States.

Oil prices had risen on Thursday but later weakened amid signs of progress toward a potential peace agreement between the US and Iran. West Texas Intermediate crude for May delivery fell 1.3% to US$93.29 per barrel, while Brent crude closed at US$108.01 per barrel.