IHSG Falls to 8,100 in Morning Session, Energy Sector Proves Saviour

Jakarta — The Indonesian Composite Index (IHSG) experienced a sharp decline during the first trading session on Monday, 2 March 2026. The IHSG plummeted 1.60 per cent or 131.77 points to the level of 8,103.72.

The sharp correction followed military strikes by the United States and Israel against Iran that occurred over the weekend. The bombardment by the two countries resulted in the death of Iran’s Supreme Leader, Ayatollah Ali Khamenei.

Based on monitoring via Stockbit, the decline began at market opening, with the index immediately falling to the 8,080 level before declining further to touch the 8,044 area. Subsequently, the index gradually strengthened (rebound) to the 8,127 level before moving relatively sideways.

All stock sectors experienced corrections. The energy sector was the only one to record a gain of 1.60 per cent.

Meanwhile, the cyclical consumer sector experienced the deepest decline of 5.12 per cent, followed by the infrastructure sector, which fell 2.92 per cent, and the property sector, which dropped 2.63 per cent.

The transportation sector weakened 2.35 per cent, the financial sector fell 2.34 per cent, the non-cyclical consumer sector fell 1.92 per cent, the healthcare sector declined 1.60 per cent, the technology sector fell 2.30 per cent, the industrial sector contracted 0.70 per cent, and the raw materials sector declined 0.15 per cent.

Phintraco Securities’ analysis team assessed that technically, there is a formation of negative histogram on the MACD. This is accompanied by the Stochastic RSI indicator moving towards the pivot area.

“We estimate that the IHSG has the potential to move within the range of 8,075-8,125 levels in the second trading session today,” according to the projection from Phintraco Securities’ analysis team cited from its daily research on Monday, 2 March 2026.

Furthermore, Phintraco Securities also reported that several listed companies managed to record gains amid the sharp IHSG decline. The following are the three top gainers among the 45 blue-chip stocks (LQ45).

PT Adaro Andalan Indonesia Tbk (AADI)

AADI shares surged 8.92 per cent or 825 points, breaking through the 10,075 level.

PT Medco Energi Internasional Tbk (MEDC)

MEDC shares increased by 5.80 per cent or 100 points to 1,825.

PT Aneka Tambang Tbk (ANTM)

ANTM shares also shone with a jump of 4.83 per cent or 210 points to the 4,560 position.