The Indonesian stock market delivered a mixed yet increasingly optimistic performance today. After slipping slightly in the previous session, the Jakarta Composite Index (IHSG) returned to positive territory, supported by domestic buying interest and improving sentiment across several key sectors. Despite lingering foreign outflows, the market showed signs of stabilizing as investors rotated into selective stocks with strong catalysts.
Below is a full breakdown of today’s market landscape.
IHSG Movement: Early Strength and Signs of Broad Stabilization
The IHSG previously dipped 0.06% to close at 8,611.79, dragged down by weakness in financials, energy, and basic materials. But the mood shifted entering today’s session, with the index rebounding toward the 8,635 range as domestic players became more active.
Analysts project that if the index can break through resistance at 8,650–8,670, it may attempt a move toward 8,700. Meanwhile, support levels are estimated to sit between 8,550–8,580, keeping the near-term outlook cautiously constructive.
The market’s resilience indicates that investor confidence remains intact, with opportunities emerging for short-term traders as well as swing traders seeking technical breakouts.
Market Sentiment: Foreign Net Sell Persists, Yet Loses Momentum
Foreign investors extended their selling streak, offloading shares in several large-cap names such as:
- BBRI
- ANTM
- BRPT
- TPIA
- BUMI
However, compared with previous sessions, the pace of foreign selling has slowed. Domestic investors stepped in to absorb supply, signaling that the market is finding its footing even while facing external pressure.
Liquidity remained healthy, suggesting that investors are rotating positions rather than fleeing risk altogether.
Sector Highlights: Energy, Tech, and Blue Chips Drive the Rebound
1. Energy & Mining
This sector regained traction as global commodity prices stabilized. Traders focused on high-volume mid-cap names such as:
- ENRG (Energi Mega Persada)
- BRMS (Bumi Resources Minerals)
- MINA (Sanurhasta Mitra)
Momentum indicators for these stocks point to short-term opportunities, especially for aggressive traders looking for quick rebounds.
2. Technology & Digital Infrastructure
Tech-related counters attracted notable interest, supported by long-term optimism surrounding Indonesia’s digital transformation. Stocks in focus included:
- WIFI (Solusi Sinergi Digital)
- EMTK (Elang Mahkota Teknologi)
- EXCL (XL Axiata), which ranked among today’s top LQ45 gainers.
Improving sentiment toward digital infrastructure continues to bolster the sector’s medium-term prospects.
3. Major Blue Chips: Stability Amid Market Rotation
Strong performance from heavyweight names helped anchor the index:
- UNTR (United Tractors)
- DSSA (Dian Swastika Sentosa)
- INKP (Indah Kiat Pulp & Paper)
These stocks attracted attention from institutional investors seeking stability and consistent earnings strength.
4. Consumer Defensive Stocks
UNVR (Unilever Indonesia) gained renewed demand as investors looked for safer plays during market swings.
Technical Analysis: Indicators Point Toward Continued Recovery
Several technical signals strengthened the case for short-term IHSG upside:
- Rising volume around support zones
- IHSG maintaining position above the 20-day moving average
- Slowing foreign outflows compared with earlier in the week
If the index holds above its support range, upward momentum toward the 8,700 level remains possible.
Top Trading Ideas Based on Today’s Market Dynamics
Short-Term Traders
- MINA, ENRG, BRMS, WIFI
- High-volume rebound candidates suitable for fast entries and exits.
Swing Traders
- ARTO, INKP, DSSA, EXCL
- Stocks showing stable trend structure, ideal for 3–10 day positions.
Medium-Term Investors
- UNTR, UNVR, EMTK
- Strong fundamentals, consistent earnings, and resilient price patterns.
Conclusion: Market Searching for Balance as Rebound Momentum Builds
The IHSG’s performance today suggests the market is finding a new equilibrium. Despite persistent foreign selling, stronger domestic buying and stable sector rotation indicate underlying confidence. Energy, technology, and select blue chips continue to serve as anchors for market resilience.
While positive momentum is building, volatility remains on the radar. Investors should maintain disciplined risk management, monitor key technical levels, and stay selective when entering new positions.