IHSG Opens Lower, Tracking Wall Street, as Asian Markets Rebound

The IHSG opened down 55 points, or 0.97 per cent, at 5,691 at the start of trading on Wednesday, 10 June 2026. Head of Retail Research at BNI Sekuritas, Fanny Suherman, predicted the IHSG would test support levels and continue its upward trend during the day’s trading. ‘The IHSG has the potential to test support at 5,600, but if it can hold firm there, it can continue its rise with a target of 5,800-6,000,’ Fanny stated in her daily research note. She noted that Asian stock markets rebounded on Tuesday, driven by gains in technology and semiconductor stocks after they faced pressure in recent times. In Japan, the Nikkei 225 index rose 2.2 per cent and the Topix strengthened by 1.1 per cent. Meanwhile, South Korea’s Kospi index recorded the highest increase, surging 8.2 per cent, with the Kosdaq soaring 6.2 per cent. Conversely, Australia’s S&P/ASX 200 weakened by 0.2 per cent, and Hong Kong’s Hang Seng fell 0.4 per cent. On the corporate front, shares of SK Hynix soared 15.9 per cent, Samsung Electronics rose 9 per cent, and Seoul Semiconductor surged 16.3 per cent. In Japan, Tokyo Electron shares rose 8.9 per cent, followed by Advantest which strengthened 4.3 per cent and Renesas Electronics gaining 6.2 per cent. ‘IHSG support is at the 5,450-5,600 level, while IHSG resistance is in the 5,800-5,950 range,’ she added. For context, major Wall Street indices mostly closed lower on Tuesday. The S&P 500 index fell 0.26 per cent and the Nasdaq Composite weakened 0.97 per cent, while the Dow Jones rose 0.17 per cent. In commodity markets, West Texas Intermediate crude oil prices fell 3.4 per cent to US$88.20 per barrel after US Energy Secretary Chris Wright stated that ship traffic in the Strait of Hormuz showed significant improvement. This was also driven by a statement from US President Donald Trump, who mentioned that a deal between the US and Iran could potentially be reached within the next two to three days, allowing the strategic shipping lane to return to normal operations.