Indonesia Shares Close Higher Amid U.S.-Iran Peace Deal -- Market Talk

Dow Jones
Jun 15

0927 GMT - Indonesia's Jakarta Composite Index closed 4.1% higher at 6254.97 as the peace deal between U.S. and Iran lifted global risk appetite and reinforced a bargain-hunting recovery, says iFast Capital's Kevin Khaw Khai Sheng. Gains however are expected to remain limited until after this week's policy meeting at Bank Indonesia as well as clearer evidence of foreign inflows stabilizing, he says, noting the rally's sustainability hinges on the rupiah staying below 18,000 against the dollar and Middle East tensions continuing to ease. Among gainers, Bank Central Asia rose 5.9% and Bank Rakyat Indonesia added 4.9%. (yingxian.wong@wsj.com)

 

(END) Dow Jones Newswires

June 15, 2026 05:27 ET (09:27 GMT)

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