JAKARTA, KOMPAS.com - The Composite Stock Price Index (IHSG) is\nprojected to move mixed with a tendency towards volatility in trading on\nFriday (10\/4\/2026).<\/p>\n
Capital market analyst and Founder of Republik Investor, Hendra\nWardana, assesses that technically, if the index holds above the\npsychological level of 7,200\u20137,250, the opportunity to continue\nstrengthening towards the next resistance area remains open. However,\ninvestors need to beware of potential short-term profit-taking\nactions.<\/p>\n
\u201cTechnically, as long as the IHSG can hold above the psychological\nlevel of 7,200\u20137,250, the chance to continue strengthening to the next\nresistance area remains open,\u201d Hendra told Kompas.com on Thursday night\n(9\/4\/2026).<\/p>\n
The IHSG did strengthen by 28.380 points or 0.39 percent to the level\nof 7,307.589 at Thursday\u2019s close. He views the index\u2019s strengthening as\nreflecting the resilience of the domestic market amid still high global\npressures.<\/p>\n
Although throughout the day it was overshadowed by negative sentiment\nfrom global markets, particularly related to the re-escalation of\ngeopolitical tensions in the Middle East. The transaction value reaching\nRp 16.30 trillion indicates solid investor activity, with sector\nrotation becoming the main driver of the index.<\/p>\n
Conversely, the financial sector became the main drag on the index\nwith a 1.23 percent decline. Corrections occurred in large banking\nstocks such as PT Bank Central Asia Tbk (BBCA), PT Bank Mandiri\n(Persero) Tbk (BMRI), PT Bank Negara Indonesia (Persero) Tbk (BBNI), and\nPT Bank Rakyat Indonesia (Persero) Tbk (BBRI).<\/p>\n
Hendra sees this condition as reflecting market concerns over the\npotential for high interest rates to persist longer (\u201chigher for\nlonger\u201d), in line with increasing global inflation risks due to surges\nin energy prices.<\/p>\n
\u201cThis reflects market concerns over the potential for higher interest\nrates to last longer (\u201dhigher for longer\u201d), along with rising global\ninflation risks due to spikes in energy prices,\u201d he explained.<\/p>\n
The rise in oil prices is a crucial factor as it could push global\ninflation higher, ultimately affecting central bank monetary policies,\nparticularly the Federal Reserve (The Fed). The latest minutes show that\nsome officials of the central bank are still considering interest rate\nhikes, or at least holding off on rate cuts longer than market\nexpectations.<\/p>\n
Global pressures, Hendra continued, are reflected in the majority of\nAsian exchanges closing in the red, as well as the weakening of regional\ncurrencies, including the rupiah at Rp17,090 per US dollar.<\/p>\n
\u201cThat condition indicates that the risk of capital outflows still\nlooms in the short term, especially if geopolitical uncertainties\ncontinue and expectations for global interest rates rise again,\u201d he\nstated.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/ihsg-remains-volatile-which-stocks-should-retail-investors-watch-1775782249", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }