Analyst: Post-Lebaran is the Moment to Evaluate Stock Investment Strategies to Avoid Losses
The momentum after Lebaran is often utilised by investors to become active again in the market while evaluating their investment strategies. This year, such steps are becoming increasingly important given the stock market conditions still shrouded in high volatility due to global and domestic pressures.
Capital market observer Hendra Wardana stated that the fluctuating movement of the Composite Stock Price Index (IHSG) means investors can no longer rely on aggressive strategies as in bullish phases. Instead, a more cautious and measured approach is key to keeping portfolio performance stable.
He assessed that the period after a long holiday like Lebaran is the right time for investors to rearrange their portfolios to be more adaptive to the current market dynamics.
“In conditions like this, the Composite Stock Price Index tends to be volatile because global and domestic investors are awaiting certainty on the direction of economic policies and financial market stability,” said Hendra to Liputan6.com on Tuesday (24/3/2026).
According to Hendra, the first step investors need to take is to thoroughly evaluate their portfolio composition. Shares with weak fundamentals or those too speculative should be reduced, especially amid fragile market conditions.
“In the current sluggish market conditions, the main step investors need to take is to maintain disciplined risk management. A more rational approach is to accumulate gradually on shares with strong fundamentals when prices are in attractive support areas,” he said.
Hendra emphasised that high volatility can amplify risks on shares with low liquidity. Therefore, investors need to be more selective in choosing assets, focusing on issuers with solid financial performance and clear business prospects.
In addition, the post-Lebaran momentum is also the right time to tidy up investment strategies, including adjusting return targets and risk tolerance according to the latest market conditions.
Gradual Strategies are More Recommended
In unstable market conditions, Hendra advises investors not to rush into large purchases. Gradual accumulation strategies are deemed safer to minimise risks from price fluctuations.
“What should be avoided is panic selling when the market experiences a sharp decline,” he said.
This approach allows investors to capitalise on opportunities when share prices are in attractive support areas, without taking too much risk at once.
In addition, maintaining a cash portion in the portfolio is an important step. Sufficient liquidity will provide flexibility for investors to respond to opportunities or anticipate potential further corrections.
IHSG Still Unstable, Gold Predicted to Attract More Investor Interest Post-Lebaran
Previously, the momentum after Lebaran brought new hopes for the financial markets, but amid still high global uncertainty, the gold sector has emerged as one of the favourites. When the stock market is still moving fluctuantly, investors are starting to look at safe-haven assets as a step to protect value.
This phenomenon is inseparable from rising global risks, from geopolitical conflicts to uncertain interest rate policy directions. Such conditions are driving a shift in investor preferences to more defensive instruments, with gold as the primary choice.
“In conditions of increasing global uncertainty, global investors tend to shift part of their portfolios to assets considered safer, such as gold or government bonds,” said Capital Market Observer Hendra Wardana to Liputan6.com on Monday (23/3/2026).
He assessed that this year’s post-Lebaran phase has the potential to become the starting point for increased interest in the gold sector, especially amid uncertainties that have not yet subsided.
Hendra explained that rising geopolitical tensions in the Middle East and energy price fluctuations are the main factors driving gold demand. In situations like this, gold is often seen as the safest hedging asset.
“Amid still turbulent market conditions, the gold mining sector is starting to receive greater attention from investors,” he said.
Indonesian Gold Shares Starting to Attract Global Investors
On the other hand, Indonesia’s gold mining sector is beginning to receive wider attention on the international stage. Several national gold issuers are now included in global indices, opening opportunities for foreign fund inflows.
The inclusion of shares such as Archi Indonesia, Amanah Gold Resources, and J Resources Asia Pasifik in the MVIS Global Junior Gold Miners Index has become an important catalyst for this sector. That index serves as a benchmark for various global investment products, including gold mining-based ETFs.
“This is evident from the inclusion of Indonesian gold mining shares such as Archi Indonesia, Amanah Gold Resources, and J Resources Asia Pasifik in the MVIS Global Junior Gold Miners Index, which serves as a benchmark for various global investment products,” he said.
According to Hendra, post-Lebaran, the potential for strengthening in the gold sector is still quite large, especially if global uncertainties have not subsided. In volatile stock market conditions, gold can become a more stable investment alternative.
Besides global factors, the prospects of the gold sector are also supported by the potential expansion of national mining companies. Production increases and new reserve explorations become supporting factors for long-term growth.
“From a capital market perspective, this inclusion provides two important benefits for Indonesia’s gold sector. The first is increased global visibility for national gold mining companies,” he said.
“The second benefit is the potential for passive inflows from ETFs and global funds that use that index as an investment benchmark,” added Hendra.