Jakarta (ANTARA) - The Indonesia Stock Exchange\u2019s (IDX) Composite\nIndex (IHSG) has the potential to move sideways on Wednesday amid a\ncombination of global and domestic sentiments.<\/p>\n
The IHSG opened 28.51 points, or 0.47 per cent, higher at 6,068.\nMeanwhile, the group of 45 leading shares, or the LQ45 Index, rose 2.61\npoints, or 0.44 per cent, to 601.50.<\/p>\n
\u201cThe IHSG has the opportunity to consolidate within the range of\n5,950-6,125 in Wednesday\u2019s trading,\u201d said Phintraco Sekuritas Head of\nResearch Ratna Lim in her review in Jakarta on Wednesday.<\/p>\n
From abroad, United States (US) inflation was recorded at 3.5 per\ncent year on year (yoy) in June 2026, down from 4.2 per cent (yoy) in\nMay 2026.<\/p>\n
Meanwhile, core inflation was recorded at 2.6 per cent (yoy) in June\n2026, from 2.9 per cent (yoy) in May 2026.<\/p>\n
In addition, the pace of US Producer Price Index (PPI) inflation is\nexpected to slow to 6.2 per cent (yoy) in June 2026, from 6.5 per cent\n(yoy) in May 2026.<\/p>\n
\u201cSlowing inflation data has reduced expectations of a potential Fed\nrate hike at the end of this month. Fed Chair Kevin Warsh, testifying\nbefore Congress, said that the inflation increases of the past five\nyears will be behind us,\u201d said Ratna.<\/p>\n
From the Asian region, China\u2019s exports rose 27 per cent (yoy) in June\n2026, up from 19.4 per cent (yoy) in May 2026. Imports likewise grew 36\nper cent (yoy) in June 2026 from 27.4 per cent (yoy) in May 2026.<\/p>\n
As a result, China\u2019s trade balance surplus widened to US$125.62\nbillion in June 2026, from US$105.43 billion in May 2026.<\/p>\n
On the other hand, investors are awaiting China\u2019s GDP growth, which\nis expected to slow to 4.5 per cent (yoy) in the second quarter of 2026\nfrom 5 per cent (yoy) in the first quarter of 2026.<\/p>\n
From the domestic front, the IDX has added a Price-Impact Ratio\ncriterion to its methodology for screening shares with potential high\nshareholding concentration (HSC).<\/p>\n
The IDX will screen shares that experience significant price changes\nwithout being supported by adequate transaction activity.<\/p>\n
The Price-Impact Ratio is a comparison between the change in a\nshare\u2019s price and its trading velocity.<\/p>\n
Velocity is the average transaction volume compared with the number\nof shares in public circulation.<\/p>\n
Shares with low transaction volumes but large price increases will\nproduce a high Price-Impact Ratio and become subject to supervision for\npotential inclusion in the HSC category.<\/p>\n
Alongside the new criterion, the IDX has added 37 shares to the HSC\nshare list, bringing the total to 51 shares.<\/p>\n
In trading on Tuesday (14\/7\/2026), European bourses closed uniformly\nhigher, with the Euro Stoxx 50 up 0.12 per cent, the UK\u2019s FTSE 100 up\n0.30 per cent, Germany\u2019s DAX up 0.13 per cent, and France\u2019s CAC 40 up\n0.03 per cent.<\/p>\n
Wall Street in the US also closed uniformly higher on Tuesday\n(14\/7\/2026), with the S&P 500 up 0.38 per cent to 7,543.59, the\nNasdaq Composite up 1.10 per cent to 29,586.29, and the Dow Jones\nIndustrial Average down 0.02 per cent to 52,508.27.<\/p>\n
Regional Asian stock markets this morning included the Nikkei up 1.04\nper cent to 68,450.00, the Shanghai index down 0.19 per cent to\n3,959.95, the Hang Seng up 1.34 per cent to 24,666.00, and the Straits\nTimes Index up 0.87 per cent to 5,543.29.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/ihsg-predicted-to-move-sideways-amid-global-and-domestic-sentiment-1784087615", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }