Research
17 April 2026 NEW!
The JCI closed flat at -0.03% in the red zone at 7,621.4, as some market participants a...
Research
17 April 2026 NEW!
We maintain our BUY rating on SMDR with an upgraded TP of IDR 500 (Previously IDR 400) ...
17 April 2026 NEW!
The JCI closed flat at -0.03% in the red zone at 7,621.4, as some market participants appeared to take profits. The Indonesian market is starting to become more resilient to U.S.–Iran geopolitical sentiment, while the JCI reform agenda— starting with the release of the HCL—has provided positive momentumfor the market.
16 April 2026
Donald Trump said the war with Iran could end soon, although the U.S. military is still enforcing a naval blockade restricting Iranian shipping.
15 April 2026
The JCI closed higher again, gaining 2.34% to 7,675.95, successfully breaking the next resistance level around 7,200–7,300. The Indonesian market is becoming more resilient to U.S.–Iran geopolitical sentiment, while ongoing JCI reforms, with the release of the High Concentration List (HCL), it is providing positive momentum
14 April 2026
All three major U.S. indexes closed higher, with gains accelerating into the close. The S&P 500 rose about 1.0%, the NASDAQ +1.2%, and the Dow Jones +0.6%, driven by technology stocks. This rally pushed the S&P 500 to its highest level since before the Iran war, meaning all losses during the conflict have now been fully recovered.
