JAKARTA - The combined stock price index has the opportunity to continue to rebound in trading, today, Thursday, April 2, after yesterday closed up 1.93 percent to 7,184.4.
Phintraco Sekuritas in its research said that the index rebounded from the correction of the last few days after the index on the Wall Street exchange strengthened sharply in trading on Tuesday, March 31, which was triggered by the hope that the US-Iran war would end soon.
President Trump also hinted that the US plans to withdraw from the war in two to three weeks.
Industrial sector shares posted the largest gain of 6.11 percent, while health sector shares were the only sector to close down 0.2 percent. The rupiah closed up 0.09 percent at Rp16,975 per US dollar in the spot market.
"Technically, several indicators indicate that the JCI has the opportunity to continue to rebound and test the level of 7,200-7,300," wrote Phintraco Sekuritas.
The S&P Global Manufacturing PMI Indonesia index weakened to 50.1 in March 2026 from 53.8 in February 2026 on Wednesday. Meanwhile, the trade balance surplus fell to US$ 1.28 billion in February 2026 from US$ 3.09 billion in February 2025.
However, the surplus in February 2026 was higher than the surplus of US$0.96 billion in January 2026. Meanwhile, March 2026 inflation slowed to 0.41 percent MoM and 3.48 percent YoY compared to February 2026 inflation of 0.68 percent MoM and 4.76 percent YoY.
Asian stock exchange indexes closed higher and European stock exchange indexes also opened higher due to hopes that the US-Iran war will soon end.
Global markets will be looking ahead to President Trump's speech, in which the White House said Trump will deliver a speech to the nation to provide an update on Iran on Wednesday night US time.
Phintraco Sekuritas recommends five stocks for today, namely MNCN, HRTA, JPFA, BUVA, and CDIA.
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