JAKARTA, KOMPAS.com - The Composite Stock Price Index (IHSG) is\nprojected to remain under pressure or tend to weaken during trading on\nWednesday (8\/4\/2026), as there is still no strong catalyst capable of\ndriving a market reversal.<\/p>\n
Capital market analyst and Founder of Republik Investor, Hendra\nWardana, stated that the IHSG has the potential to move sideways with a\ntendency to weaken.<\/p>\n
Currently, the 6,900 level serves as the nearest psychological\nsupport area being tested by the market.<\/p>\n
If the pressure continues, the IHSG could fall to the 6,800-6,850\nrange as a short-term bottom area.<\/p>\n
Nevertheless, he assesses that rebound opportunities remain open,\nparticularly if global geopolitical tensions ease or positive domestic\nsentiments emerge.<\/p>\n
Additionally, attractive share valuations following the recent\ncorrection could also support potential recovery.<\/p>\n
From a sectoral perspective, rotations towards defensive stocks are\nbeginning to appear. The infrastructure and telecommunications sectors\nare showing relative resilience amid market pressure, supported by\nbusiness stability and more secure revenue visibility.<\/p>\n
Moreover, the energy sector is still considered attractive due to\nrising global oil prices, although its movements tend to be volatile. In\ncontrast, the industrial and automotive sectors continue to face\npressure as they are more sensitive to economic slowdowns and rising\nproduction costs.<\/p>\n
Overall, the IHSG is currently in a phase of full pressure and\nuncertainty.<\/p>\n
However, the market is deemed not to have lost its appeal, but rather\nto be in an adjustment phase.<\/p>\n
With a disciplined, selective approach oriented towards medium- to\nlong-term horizons, the Indonesian capital market remains relevant as an\ninvestment instrument amid global dynamics.<\/p>\n
Analyst and Branch Manager of Panin Sekuritas Pondok Indah, Elandry\nPratama, considers several attractive sectors worth monitoring,\nincluding energy, coal, major banking, and consumer defensive.<\/p>\n
The recommended stocks from Elandry include PT Adaro Energy Indonesia\nTbk (ADRO) with a target price of Rp 2,600-Rp 2,700, PT Bank Central\nAsia Tbk (BBCA) at Rp 6,800-Rp 7,000, PT Indofood CBP Sukses Makmur Tbk\n(ICBP) at Rp 7,600-Rp 7,800, and PT Pertamina Geothermal Energy Tbk\n(PGEO) with a target of Rp 1,100-Rp 1,200.<\/p>\n
Meanwhile, Equity Research Analyst at Phintraco Sekuritas, Alrich\nPaskalis Tambolang, recommends several stocks for market participants to\nmonitor, including PT Surya Esa Perkasa Tbk (ESSA), PT AKR Corporindo\nTbk (AKRA), PT Barito Pacific Tbk (BRPT), PT Charoen Pokphand Indonesia\nTbk (CPIN), and PT Japfa Comfeed Indonesia Tbk (JPFA).<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/ihsg-projected-to-remain-weak-testing-6-900-6-800-levels-1775606646", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }