IHSG Expected to Move Variably Today, Investors Watch Global Sentiment

The Jakarta Composite Index (IHSG) on the Indonesia Stock Exchange (BEI) is expected to move variably on Monday (31/8/2026). Market participants are weighing a combination of global and domestic sentiment that could influence the index’s movement.

The IHSG opened down 7.01 points, or 0.11 percent, at 6,511.11. Meanwhile, the LQ45 index of 45 blue-chip stocks fell 1.11 points, or 0.17 percent, to 640.71.

Head of Research at Kiwoom Sekuritas Indonesia, Liza Camelia Suryanata, said that technically the chance for IHSG strengthening remains open as long as the index can hold above a certain support level.

“As long as the IHSG can hold above the 6,357 area, the chance for strengthening remains open to retest resistance at 6,551, before continuing its rise towards 6,635 and 6,733. Conversely, if selling pressure increases again and breaks through support at 6,454, the index could correct towards 6,385-6,377 as its strong support,” said Liza Camelia Suryanata in her research note in Jakarta on Monday.

From overseas, geopolitical risks in the Middle East have relatively eased, particularly regarding concerns over oil supply disruptions. Market participants increasingly view the Iran situation as a conflict more focused on economic pressure and sanctions rather than a direct threat to physical supply.

“The improvement in shipping flows through the Strait of Hormuz as well as plans to develop the Iran-Oman corridor have also reduced the risk premium on global energy supply,” said Liza.

On the other hand, a statement by Federal Reserve Chair Kevin Warsh, who assessed that inflation has not shown meaningful slowdown, has increased market participants’ concerns. This condition indicates that the process of reducing price pressures still requires more time.