Curb the Decline! IHSG Rises to 7,700 in Session I, Check the Three Fastest-Rising Stocks

Jakarta, VIVA - The Jakarta Composite Index (IHSG) reversed its earlier decline and rose, trimming losses from recent days. The IHSG rose 1.67 percent or 128.72 points to 7,703.79 in the first session of trading on Thursday, 5 March 2026.

The IHSG was seen moving in the green zone within a range of 7,682 to 7,765. The value of transactions reached Rp 9.96 trillion across 1.2 million trades.

All sector indices closed higher. The cyclic consumer sector led gains at 4.42%, followed by the industrial sector up 2.74% and the basic materials sector surging 2.60%.

On the technical side, Phintraco Sekuritas’ analysts team view momentum indicators as improving. This is reflected in the narrowing of the MACD negative slope together with a rebound in the Stochastic RSI from the oversold region.

The combination of signals suggests potential for further short-term gains, though the scope for gains will remain highly dependent on global and domestic sentiment.

“Taking into account these technical conditions, the IHSG’s movement in the second session is expected to be largely consolidative in the range of 7,675–7,725,” Phintraco Sekuritas’ analyst team said in its daily research note, Thursday, 5 March 2026.

Phintraco Sekuritas also reported several issuers posting significant price jumps as the IHSG recovered. Here are the three top gainers among the 45 leading stocks:

PT Semen Indonesia (Persero) Tbk (SMGR)

SMGR shares jumped 7.60% or 190 points to 2,690.

PT Surya Citra Media Tbk (SCMA)

SCMA shares surged 5.98% or 14 points to 248.

PT Merdeka Copper Gold Tbk (MDKA)

MDKA shares rose 5.54% or 190 points to 3,620.