{
    "success": true,
    "data": {
        "id": 1881159,
        "msgid": "ihsg-falls-for-three-consecutive-days-here-are-the-sentiments-and-projections-for-next-week-1784976629",
        "date": "2026-07-25 13:26:43",
        "title": "IHSG Falls for Three Consecutive Days; Here Are the Sentiments and Projections for Next Week",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesia Stock Exchange Composite Index (IHSG) extended its losing streak to three days, closing 1.88% lower on Friday, pressured by a global sell-off in technology stocks and rising oil prices. Analysts warn the rebound remains fragile and heavily dependent on external sentiment, with the index expected to trade in a volatile range next week. Investors are advised to focus on energy and banking stocks while avoiding import-sensitive consumer sectors.",
        "content": "<p>The Composite Stock Price Index (IHSG) closed in the red again at the\nend of trading on Friday (24\/7\/2026), extending its weakening trend to\nthree consecutive days. The sharp correction was triggered by a\ncombination of global sentiment, ranging from a sell-off on Wall Street,\nthe slump in United States technology stocks, to a surge in world oil\nprices that reignited inflation concerns. Based on Indonesia Stock\nExchange (BEI) data via RTI Business, the IHSG closed down 1.88% or 118\npoints at 6,196.43. However, on a cumulative weekly basis, the benchmark\nindex still recorded a gain of 0.34%.<\/p>\n<p>Pressure on the IHSG was evenly distributed across almost all trading\nlines. All sectoral indices ended in negative territory, with the\nnon-primary consumer goods sector being the largest contributor to the\ndecline after falling 3.04%. The weakness reflects increased investor\ncaution amid deteriorating global sentiment, which triggered a sell-off\nacross various sectors.<\/p>\n<p>Head of Research at Korea Investment &amp; Sekuritas Indonesia\n(KISI), Muhammad Wafi, explained that the sharp decline in the IHSG was\ninseparable from the correction occurring on the United States stock\nexchange. He noted that significant drops in large-cap technology\nstocks, such as Alphabet which fell 7% and Tesla which plunged 14% after\nreleasing their second-quarter financial reports, sparked investor\nconcerns over the high valuation of the artificial intelligence (AI)\nsector. Additionally, the surge in global crude oil prices further\nworsened market sentiment. \u201cBrent crude breached USD 100.69 per barrel\nfor the first time, exacerbating global inflation worries,\u201d Wafi told\nKontan on Friday (24\/7\/2026).<\/p>\n<p>Wafi assessed that while signals of an IHSG recovery have begun to\nappear recently, they are not yet strong enough to confirm a trend\nreversal. He stated that the current main support level for the IHSG is\naround 5,950, while the psychological resistance remains at 6,471. \u201cThe\ntwo-day consecutive correction on Thursday and Friday reflects that the\nrebound is still fragile and highly dependent on external sentiment,\u201d\nWafi said. Given these conditions, the IHSG\u2019s movement will remain\nhighly sensitive to global economic developments and geopolitical\ndynamics.<\/p>\n<p>Amid rising market uncertainty, Wafi advised investors to be more\nselective in picking stocks. Issuers with natural hedges and strong\nearnings prospects are considered better able to withstand external\npressures. The energy and commodity sectors are expected to be among the\nbeneficiaries of rising oil prices. Some recommended stocks include PT\nEnergi Mega Persada Tbk (ENRG), PT Alamtri Resources Indonesia Tbk\n(ADRO), and PT Bukit Asam (Persero) Tbk (PTBA). Additionally, banking\nstocks with high Current Account Savings Account (CASA) ratios, such as\nPT Bank Central Asia Tbk (BBCA) and PT Bank Mandiri (Persero) Tbk\n(BMRI), are still deemed worthy of being maintained as core holdings in\ninvestment portfolios. Conversely, investors are advised to avoid stocks\nin consumer goods sectors that are sensitive to imports or issuers with\nhigh dependency on imported raw materials. These stock groups are\nconsidered the most vulnerable to the impact of rising oil prices and\nthe weakening rupiah exchange rate.<\/p>\n<p>Looking ahead to next week\u2019s trading, Wafi expects the IHSG to remain\nvolatile with a mixed tendency. He estimates the support area to be in\nthe range of 6,185 to 6,250, while resistance is seen at 6,350 to 6,470.\nMarket movements are expected to be influenced by three main sentiments:\nthe release of first-half financial reports from major banks, United\nStates inflation data, and developments in the geopolitical conflict in\nthe Strait of Hormuz region. Despite the short-term pressures, KISI\nmaintains its year-end IHSG projection, with a base case target of 6,000\nto 6,500, noting that the main determinant will be the MSCI review in\nNovember.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ihsg-falls-for-three-consecutive-days-here-are-the-sentiments-and-projections-for-next-week-1784976629",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}