JAKARTA – Jakarta Composite Index (JCI) rose 3.78% to 6,196.15 during the early trading session on Thursday (10/4), as of 09:26 WIB.

The increase was in line with gains across global markets, which turned green following the US government's announcement of a 90-day delay in the implementation of reciprocal tariffs.

In morning trading, JCI opened at 6,270.61 and climbed to 6,310.82, before easing to a low of 6,209.39 at 09:25 WIB. The early session rally was supported by gains in large-cap stocks, particularly in the energy, basic chemicals, and banking sectors.

Notable gainers included PT Barito Renewables Energy Tbk (BREN), up 13.41% to IDR 4,820; PT Chandra Asri Pacific Tbk (TPIA), up 6.32% to IDR 7,150; PT Petrindo Jaya Kreasi Tbk (CUAN), up 11.81% to IDR 5,300; and PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), which rose 4.96% to IDR 3,810 per share.

JCI rally was mirrored by other key indices: LQ45 rose 5.09% to 703.421, IDX30 climbed 5.16% to 371.206, IDX80 advanced 5.20% to 100.690, and the ESG-focused IDXESGL index strengthened 5.78% to 133.811.

Globally, equity markets also rallied as of local time. The Dow Jones Industrial Average (DJI) jumped 7.87%, the S&P 500 surged 9.52% to 5,456.90, while the NYSE Composite and Hong Kong’s Hang Seng Index also posted gains, with the latter rising 3.25%.

US President Donald J. Trump announced the delay in reciprocal tariffs to provide room for negotiations with several trading partners, excluding China. China was singled out due to its retaliatory move to raise tariffs on US imports by 84%, following Trump’s earlier announcement of 104% tariffs on Chinese goods. (LK/ZH)