IHSG Opens Higher, Attempts to Break Resistance at 8,450 Amid Strengthening Asian Markets
The IHSG opened higher, gaining 2 points or 0.02 percent to 8,324 at the opening of trading on Thursday, February 26, 2026.
Head of Retail Research at BNI Sekuritas, Fanny Suherman, predicts that the IHSG will attempt to break resistance, but a correction is possible during today’s trading.
“The IHSG will likely continue its upward trend, following gains in the US. However, be cautious, as long as it doesn’t break above 8,450, the IHSG still has the potential to correct,” Fanny said in his daily research report on Thursday, February 26, 2026.
Asian stock markets strengthened on Wednesday, led by gains in South Korean chip manufacturers amid renewed investor optimism in the artificial intelligence (AI) sector.
This coincides with market participants also awaiting US President Donald Trump’s State of the Union address in Washington.
The Nikkei 225 index in Japan jumped 2.2 percent, and the Topix rose 0.7 percent. In South Korea, the KOSPI index soared 1.9 percent. Meanwhile, the Hang Seng index in Hong Kong rose 0.7 percent, and the CSI300 in China gained 0.6 percent.
The rise in South Korean stocks was driven by a rally in memory chip manufacturers such as Samsung Electronics and SK Hynix, whose shares have doubled since October due to a global shortage of memory chips and strong investment in the AI supply chain.
The S&P/ASX200 index in Australia rose 1.2 percent, although higher January inflation increased the risk of interest rate hikes by the Reserve Bank of Australia.
“The IHSG’s support level is at 8,250-8,270, while the IHSG’s resistance is in the range of 8,380-8,450,” he said.
For information, Wall Street closed higher on Wednesday, continuing its gains led by technology stocks and reaching a new high. The Dow Jones Industrial Average rose 0.63 percent, the S&P 500 gained 0.81 percent, and the Nasdaq Composite soared 1.26 percent.
On the other hand, Nvidia reported fourth-quarter revenue of US$68.13 billion, exceeding expectations. According to him, concerns about AI disruption are now greater than concerns about the level of investment returns.