{
    "success": true,
    "data": {
        "id": 1698000,
        "msgid": "ihsg-session-i-closes-down-3-pressured-by-foreign-selling-1777010056",
        "date": "2026-04-24 11:47:50",
        "title": "IHSG Session I Closes Down 3%, Pressured by Foreign Selling",
        "author": "Erlangga Djumena",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Finance",
        "summary": "The Composite Stock Price Index (IHSG) plunged 3.06% to close at 7,152.85 in the morning session on Friday, driven by heavy foreign selling and a risk-off sentiment among global investors towards emerging markets like Indonesia. Trading volume reached 25.959 billion shares worth Rp 11.989 trillion, but this failed to stem the decline, with cumulative net foreign sales since the start of the year amounting to Rp 35.11 trillion. Analysts view the drop as a normal correction, with technical indicators showing mixed signals of potential short-term volatility.",
        "content": "<p>JAKARTA, KOMPAS.com - The Composite Stock Price Index (IHSG) weakened\nsharply at the close of the first trading session on Friday (24\/4\/2026).\nThe index fell 225.75 points or 3.06% to the level of 7,152.85.<\/p>\n<p>Since opening at 7,378.072, the index immediately moved into negative\nterritory and continued to weaken until it hit the daily low of\n7,171.454.<\/p>\n<p>Meanwhile, the highest point reached was 7,383.400.<\/p>\n<p>Market pressure was evident from the dominance of weakening\nstocks.<\/p>\n<p>From a liquidity perspective, trading activity remained relatively\nhigh.<\/p>\n<p>Transaction volume reached 25.959 billion shares with a transaction\nvalue of Rp 11.989 trillion, and trading frequency of 1.52 million\ntransactions.<\/p>\n<p>Nevertheless, the high transaction value was unable to hold back the\nindex\u2019s downward pressure.<\/p>\n<p>Senior Market Analyst at Mirae Asset Sekuritas, Nafan Aji Gusta,\nviews the IHSG\u2019s weakening as still within the corridor of a normal\ncorrection, although the outflow of foreign funds continues to burden\nmarket movements.<\/p>\n<p>He noted that the IHSG was overshadowed by a net sell action by\nforeign investors of Rp 1.36 trillion in Thursday\u2019s trading (23\/4\/2026).\nCumulatively since the beginning of the year, net foreign sell has\nreached Rp 35.11 trillion.<\/p>\n<p>This pressure reflects the still dominant risk-off stance among\nglobal investors towards emerging markets, including Indonesia.<\/p>\n<p>From a technical standpoint, Nafan assesses that the current IHSG\nmovement has the potential to test the next phase in the wave structure,\nnamely \u201cwave (ii) or wave (a)\u201d as part of a corrective pattern.<\/p>\n<p>However, indicators show mixed signals.<\/p>\n<p>The Relative Strength Index (RSI) is beginning to indicate positive\nmomentum supported by increased transaction volume, but the Stochastic\nK_D indicator is giving a negative signal, indicating that short-term\nvolatility potential remains quite high.<\/p>\n<p>\u201cTechnically, the IHSG is only experiencing a normal correction and\nit is possible to test the \u201cwave (ii) or wave (a)\u201d target. Based on the\nindicators, RSI shows a positive signal supported by rising volume, but\nStochastics K_D shows a negative signal,\u201d said Nafan when contacted by\nKompas.com on Friday.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ihsg-session-i-closes-down-3-pressured-by-foreign-selling-1777010056",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}