IHSG Opens Weaker at 7,050, Pressured by Selling Activity at the Start of Trading
JAKARTA - The Composite Stock Price Index (IHSG) opened weaker in trading on Thursday (30/4/2026). According to data from the Indonesia Stock Exchange (BEI) around 09:20 WIB, the IHSG fell 51.17 points or 0.72% to the level of 7,050.06.
The IHSG opened at the level of 7,103.26, lower than the previous close around 7,101.23. Throughout the early trading, the index moved within a range of 7,022.37 as the lowest level and 7,109.00 as the highest level.
From the trading activity side, the transaction volume was recorded at 7.306 billion shares with a transaction value of Rp 3.025 trillion. The trading frequency reached 433,700 times.
Meanwhile, the majority of other stock indices were also in the red zone. The LQ45 fell 5.72 points or 0.84% to 678.37, while the Jakarta Islamic Index (JII) weakened 3.79 points or 0.80% to 467.15.
The Kompas100 Index fell 7.82 points or 0.82% to 949.77. The Indonesia Sharia Stock Index (ISSI) weakened 2.03 points or 0.80% to 253.27, the IDX30 fell 3.27 points or 0.86% to 376.31, and the JII70 corrected 1.38 points or 0.75% to 181.69.
Analysts assess that the IHSG still has the potential for limited strengthening. The Composite Stock Price Index (IHSG) is expected to strengthen limitedly in trading on Thursday (30/4/2026), after the index closed up 0.41% to the level of 7,101.226 on Wednesday.
On the other hand, the index movement will also be influenced by the dynamics of the rupiah exchange rate against the US dollar, as well as the trend of global gold prices that are still experiencing a correction. Therefore, he predicts the IHSG support level at 7,064 and resistance at 7,144.
“For (tomorrow’s trading) we estimate the IHSG still has the potential for limited strengthening with support at 7,064 and resistance at 7,144,” said Herditya when contacted by Kompas.com on Wednesday night (29/4/2026).
“We estimate that the strengthening will still tend to be a technical rebound and investors are still waiting for the FOMC Meeting, on the other hand it will be influenced by the rupiah exchange rate and the movement of global gold prices which are still correcting,” he explained.