Indonesian Political, Business & Finance News

IHSG Opens in Green Zone at 7,443 Level

| Source: TEMPO_ID_BISNIS Translated from Indonesian | Finance

The Composite Stock Price Index (IHSG) opened stronger at 7,443 on Tuesday morning, 10 March 2026. The IHSG gained 106 points, or 1.4 per cent, from the previous day’s close which was recorded at 7,337.

During trading on Monday, 9 March 2026, the IHSG closed lower, declining 3.27 per cent to 7,337. The volume of shares transacted totalled 46.8 billion shares with a frequency of 2.47 million transactions. The transaction value reached Rp 23.88 trillion.

Equity Analyst at PT Indo Premier Sekuritas (IPOT) David Kurniawan predicted that the IHSG will move within a support range of 7,400 and resistance of 7,900 during the week. He advised traders and investors to monitor sentiment regarding risk ratings and geopolitical tensions.

“The main focus of market participants next week is likely still on the stability of investor sentiment towards the domestic economy, especially following Fitch Ratings’ revision of Indonesia’s debt outlook which has triggered caution in the market,” said David in a press statement, cited on Tuesday, 10 March 2026.

According to him, investors will monitor whether foreign selling pressure begins to ease, the movement of the rupiah exchange rate, and how policy responses from Bank Indonesia and the government address market confidence.

Additionally, David noted, the movement of global commodity prices amid the conflict between the United States, Israel, and Iran will also be a focus of attention as it has the potential to support shares based on energy and natural resources.

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