RRI.CO.ID, Jakarta - The Financial Services Authority (OJK) reported that Indonesia’s stock market remained relatively stable through Tuesday, March 10, 2026, despite escalating geopolitical tensions in the Middle East. OJK noted no signs of excessive panic among market participants.

According to OJK Board of Commissioners member Hasan Fawzi, who is serving as Acting Chief Executive for Capital Market, Derivatives, and Carbon Exchange Supervision, recent market movements reflected a price adjustment process in response to global economic developments and geopolitical dynamics. “There is no excessive panic,” Hasan said during a discussion in Jakarta on Tuesday evening, March 10, 2026, as quoted by Antara.

OJK data shows that foreign investors continued to purchase domestic shares. Between March 1 and 6, net foreign purchases reached around IDR 2.23 trillion. By March 10, the accumulated value was estimated at IDR 3.3 trillion.

Hasan said this indicates that investor interest in the Indonesian capital market remains intact despite global sentiment weighing on financial markets.

Authorities continue to monitor developments closely to assess whether additional policy measures are needed to maintain stability. OJK is still applying several stabilization instruments introduced in response to global trade dynamics and the impact of the COVID-19 pandemic.

These include permission for issuers to conduct share buybacks without approval from the General Meeting of Shareholders (RUPS), a ban on short selling, and the implementation of an asymmetric auto-rejection mechanism.

Hasan explained that these measures remain effective in mitigating volatility. “We issued these policies previously and have not yet revoked them. They are still effective in responding to volatility, but we will continue to monitor whether further tightening is necessary,” he said.

In addition to foreign capital inflows, trading activity has remained strong. OJK reported that the average daily transaction value reached nearly IDR 30 trillion as of March 6, an increase of 65.31 percent year-to-date. “Even with market responses and volatility, the average daily transaction value is still at a high level,” Hasan said. ***