The Indonesia Stock Exchange (BEI)’s decision to delist 18 issuers made headlines as one of the most popular business stories on kumparanBISNIS this Saturday, April 11th. Alongside this significant domestic market event, soaring US inflation, significantly impacted by the conflict with Iran, also captured widespread attention. Below is a comprehensive summary of these key news developments:
BEI to Delist 18 Issuers Starting November 10, 2026, Including Sritex (SRIL)
The Indonesia Stock Exchange (BEI) has officially announced the delisting of shares from 18 publicly listed companies, a decision set to become effective on November 10, 2026. This significant move by the BEI is based on the fulfillment of specific delisting criteria, as stipulated by Exchange Regulation Number I-N, which addresses conditions such as bankruptcy or prolonged trading suspensions.
Among the companies facing removal from the stock market, PT Sri Rejeki Isman Tbk (SRIL), widely known as Sritex, stands out and has drawn considerable public scrutiny.
The eighteen issuers designated for delisting are categorized into two primary groups. Seven of these companies are experiencing bankruptcy, with prominent names including PT Cowell Development Tbk (COWL) and the aforementioned PT Sri Rejeki Isman Tbk (SRIL). The remaining eleven issuers are slated for delisting due to having their trading activities suspended for over 50 months, a duration far exceeding the Exchange’s minimum requirement of 24 months for delisting considerations. This challenging situation underscores the significant negative impact on the business continuity of these companies and indicates a severe lack of adequate recovery prospects.
US Inflation Soars to 3.3 Percent in March 2026 Amid War with Iran
Inflation in the United States (US) experienced a sharp surge in March 2026, climbing to 3.3 percent year-on-year, a significant increase from 2.4 percent recorded in the previous month. This acceleration was primarily triggered by a dramatic rise in energy prices, a direct consequence of the escalating conflict in the Middle East. Data from the US Bureau of Labor Statistics (BLS) revealed that gasoline prices alone jumped by 21.2 percent between February and March, marking the largest monthly increase since the government began publishing related indices in 1967.
The protracted conflict involving the US/Israel and Iran, which commenced on February 28th, has included Iran’s efforts to disrupt traffic in the vital Strait of Hormuz. This geopolitical tension has severely impacted global oil and gas supplies. Despite the US being the world’s largest crude oil producer, the nation has not been immune to these ripple effects, with average gasoline prices hitting USD 4.15 per gallon, a notable increase from USD 3 before the conflict. This situation has placed considerable pressure on President Donald Trump’s administration, which had previously pledged to curb inflation.
Economists widely anticipate that these economic hardships will persist, particularly affecting middle- and low-income households already struggling with rising energy and travel costs. Heather Long, Chief Economist at Navy Federal Credit Union, remarked that March inflation reached its highest level in nearly two years and predicted that further increases in food prices, travel expenses, and shipping costs would exacerbate consumer woes in April. Adding to this outlook, Christopher Low, an Economist at FHN Financial, noted that while the Consumer Price Index aligned with forecasts, the dramatic surge in fuel prices served as the primary driver of inflation, estimating an approximate loss of USD 350 per US household due to the elevated oil prices.
Summary
The Indonesia Stock Exchange (BEI) announced the delisting of 18 companies, effective November 10, 2026, due to criteria like bankruptcy or prolonged trading suspensions. Notable firms among these include PT Sri Rejeki Isman Tbk (SRIL) and PT Cowell Development Tbk (COWL). Seven companies are being delisted due to bankruptcy, while eleven others faced trading suspensions for over 50 months.
Meanwhile, US inflation surged to 3.3 percent in March 2026, up from 2.4 percent, primarily driven by a dramatic 21.2 percent jump in gasoline prices. This acceleration is a direct consequence of the escalating conflict in the Middle East involving the US/Israel and Iran, which has disrupted global oil and gas supplies. Economists anticipate these economic hardships will persist, particularly affecting middle- and low-income households.