Bisnis-27 Index Opens Weaker, Yet BRMS, MBMA and INCO Shares Surge

The Bisnis-27 index opened weaker in today’s trading session, Friday (5/6/2026). Nevertheless, a number of shares such as BRMS, MBMA, and INCO still managed to show strength at the opening. Based on data from the Indonesia Stock Exchange (BEI), the index, a collaboration between the BEI and Harian Bisnis Indonesia, opened down 0.71% at the level of 399.38. Of the 27 constituents, 4 shares strengthened, 19 weakened, and 4 shares were stagnant. The share price gains were led by PT Bumi Resources Minerals Tbk. (BRMS), which rose 4.81% to Rp545, followed by PT Merdeka Battery Materials Tbk. (MBMA) up 2.31% to Rp442, PT Vale Indonesia Tbk. (INCO) up 2.28% to Rp4,490, and PT Aneka Tambang Tbk. (ANTM) up 1.45% to Rp2,800. Meanwhile, a number of shares that experienced no movement at the opening included PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI), PT Bumi Resources Tbk. (BUMI), PT Darma Henwa Tbk. (DEWA), and PT Telkom Indonesia (Persero) Tbk. (TLKM). Conversely, a sluggish performance was displayed by shares of PT Perusahaan Gas Negara (Persero) Tbk. (PGAS), which fell 8.43% to Rp1,575, PT Triputra Agro Persada Tbk. (TAPG) down 4.11% to Rp1,400, PT Medco Energi Internasional Tbk. (MEDC) down 3.94% to Rp1,220, and PT Alamtri Resources Indonesia Tbk. (ADRO) which fell 1.76% to Rp2,230. A sluggish performance was also experienced by PT United Tractors Tbk. (UNTR) which weakened 1.70% to Rp21,625, PT Indah Kiat Pulp & Paper Tbk. (INKP) weakened 1.42% to Rp6,950, PT Japfa Comfeed Indonesia Tbk. (JPFA) fell 1.40% to Rp2,120, and PT Kalbe Farma Tbk. (KLBF) weakened 1.39% to Rp710. The Jakarta Composite Index (IHSG) is expected to continue its downward trend in today’s trading, Friday (5/6/2026). In Thursday’s trading (4/6/2026), based on data from the Indonesia Stock Exchange, the IHSG closed down 1.70% or 101.28 points to 5,839.78. A total of 106 shares strengthened, 623 shares fell, and 85 shares were stagnant. Meanwhile, market capitalisation reached Rp10,284.95 trillion. The MNC Sekuritas research team noted that the index is still dominated by selling pressure and has touched the projected correction area. For the current IHSG position, MNC Sekuritas estimates that the previous bearish scenario is unfolding, meaning the IHSG is currently in part of wave (v) of wave [v] of wave 5. “This means the IHSG is still vulnerable to continuing its downtrend to the 5,395-5,412 range, while also closing the gap area that has formed and the monthly MA200,” wrote MNC Sekuritas in its research, Friday (5/6/2026). In the short term, MNC Sekuritas estimates the IHSG still has the opportunity to strengthen to the 5,852-5,881 range. The IHSG support area is estimated to be at the levels of 5,735 and 5,381, while the resistance level is at 6,215 and 6,588.