IHSG Opens Weaker at 6,959 Level on Monday's Trading
The Composite Stock Price Index (IHSG) opened weaker on Monday’s trading (11/5/2026). According to data from the Indonesia Stock Exchange (BEI), the IHSG fell 95.31 points or 1.37% to the level of 6,874.09.
On today’s trading, the IHSG opened at 6,959.94 and briefly touched a high of 6,968.93. Meanwhile, the index’s low was recorded at 6,846.63.
Share trading activity was quite brisk, with a transaction volume of 8.191 billion shares and a transaction value of Rp4.205 trillion. The trading frequency was recorded at 604,000 transactions.
In line with the IHSG’s weakening, several major stock indices also moved in the red zone. The LQ45 Index fell 11.76 points or 1.74% to 665.42.
The Jakarta Islamic Index (JII) weakened by 9.05 points or 2.01% to 442.18. The KOMPAS100 Index also dropped 21.46 points or 2.30% to 911.81.
Meanwhile, the ISSI Index was recorded down 2.33 points or 0.93% to 247.61. Weakening also occurred in the IDX30 Index, which fell 5.90 points or 1.55% to 374.65.
The JII70 Index corrected by 3.35 points or 1.91% to 172.21.
Strengthening is assessed to remain limited as market participants tend to be cautious after the sharp correction on Friday’s trading (8/5/2026).
“For Monday, we predict the IHSG has the potential to strengthen modestly with support at 6,946 and resistance at 7,049, where we anticipate a technical rebound following the pressure on Friday,” said Herditya when contacted by Kompas.com on Sunday evening (10/5/2026).
Meanwhile, capital market observer and Founder of Republik Investor, Hendra Wardana, assessed that the IHSG is in a vulnerable phase for further correction after failing to hold the psychological area of 7,000.
However, as long as that support is maintained, the opportunity for a technical rebound remains open, especially if geopolitical tensions ease and oil prices stabilise again.
“Nevertheless, market volatility is expected to remain high as global investors await US economic data, the direction of Fed policy, and developments in the conflict in the Strait of Hormuz,” Hendra told Kompas.com.
According to him, amid fluctuating market conditions, investors are starting to rotate into defensive stocks and stocks with stronger domestic catalysts.