IHSG Opens Higher as Asian Markets Rally and Wall Street Ends Mixed

The Jakarta Composite Index (IHSG) opened 28 points, or 0.45 percent, higher at 6,379 at the start of trading on Thursday, 6 August 2026.

Head of Retail Research Analyst Fanny Suherman predicted the IHSG would move flat, or sideways, in today’s trading.

“The IHSG has the potential to move sideways today,” Fanny said in her daily research note on Thursday, 6 August 2026.

Asian stock markets strengthened in Wednesday’s trading, as improving sentiment towards technology stocks following a solid earnings season pushed Wall Street indices to record highs.

On the other hand, oil prices weakened amid hopes of progress in negotiations to reopen shipping lanes in the Strait of Hormuz.

Japan’s Nikkei index surged 3.7 percent and the Topix jumped 2.1 percent. In South Korea, the Kospi index rose 3.8 percent, and the Kosdaq gained 2.4 percent.

In addition, Hong Kong’s Hang Seng rose 0.24 percent, Taiwan’s Taiex strengthened 2.9 percent, and Australia’s ASX 200 added 0.9 percent. On the other hand, the FTSE Straits Times weakened 0.55 percent, and the FTSE Malay KLCI gained 0.9 percent.

“IHSG support is at the 6,300–6,320 level while IHSG resistance is in the 6,380–6,420 range,” she said.

For information, the Dow Jones Industrial Average closed at a record high in Wednesday’s trading, driven by optimism over progress in US–Iran peace negotiations.

Meanwhile, the Nasdaq recorded a decline after SpaceX and Advanced Micro Devices (AMD) shares corrected following the release of their financial reports.

The Dow Jones index rose 0.49 percent, while the S&P 500 fell 0.17 percent, and the Nasdaq Composite weakened 0.83 percent. Market sentiment was supported by news of progress in Middle East peace negotiations.

A senior Iranian source and two regional officials told Reuters that a proposed agreement between Iran and Oman would give Tehran authority over ships entering the Persian Gulf through the Strait of Hormuz. The deal is considered one of the largest concessions ever granted to Iran.