IDX Opens Green, Potential for Rebound Similar to Gains in Asian Markets and Wall Street

Jakarta, VIVA – The Indonesia Composite Index (IHSG) opened stronger, rising 82 points or 1.35 per cent to the 6,210 level at the start of trading on Tuesday, 2 June 2026.

Fanny Suherman, Head of Retail Research at BNI Sekuritas, predicts that the IHSG has the potential to rebound during today’s trading session. “The IHSG has the potential for a technical rebound today towards the 6,250 level. However, if it fails to break above that level, the IHSG remains vulnerable to further correction,” Suherman stated in his daily research report on Tuesday, 2 June 2026.

He noted that Asian markets strengthened at the start of trading this week, supported by the ongoing euphoria surrounding Artificial Intelligence (AI), which continues to bolster demand for technology stocks. This optimism has helped offset market concerns regarding the lack of significant progress in peace negotiations between the US and Iran.

While negotiators from Washington and Tehran continue their efforts to reach an agreement, US President Donald Trump has yet to provide a clear signal regarding the progress of these talks. On Saturday, 30 May 2026, US Secretary of Defense Pete Hegseth stated that the US is prepared to continue attacks against Iran if an agreement is not reached. Simultaneously, Israel’s deepening military operations in Lebanon against Hezbollah have added to the prevailing market uncertainty.

In regional markets, Japan’s Nikkei rose 0.9 per cent, while the Topix fell 0.4 per cent. South Korea’s Kospi surged 3.7 per, Hong Kong’s Hang Seng strengthened by 0.9 per cent, China’s CSI 300 dropped 1 per cent, and Australia’s ASX 200 weakened by 0.03 per cent.

“Support for the IHSG lies within the 6,000-6,070 range, while resistance is positioned between 6,200-6,300,” he added.

For context, Wall Street recorded moderate gains at the start of the week as investors monitored developments in US-Iran peace negotiations and welcomed the launch of new computer chips promising to bring AI to personal computing. On Monday, 1 June 2026, the Dow Jones Industrial Average rose 0.09 per cent, the S&P 500 gained 0.26 per cent, and the Nasdaq Composite increased by 0.42 per cent.