IHSG Opens Weaker at 7,374 in Morning Trading
Jakarta — The Indonesian Composite Index (IHSG) weakened in early trading on Thursday, 12 March 2026. Based on data from the Indonesia Stock Exchange (IDX) at approximately 09:10 WIB, the IHSG fell 14.50 points or 0.20 per cent to 7,374.90.
The IHSG opened at 7,398.85, slightly higher compared to the previous close of 7,389.40. Throughout the early trading session, the index moved within the range of 7,371.40 to 7,425.12.
Trading activity during the early session was quite brisk. Trading volume reached 2.268 billion shares with a transaction value of approximately Rp 1.108 trillion.
In terms of individual share movements, 237 shares advanced, 290 shares declined, and 431 shares remained flat.
Several major share indices moved variably in early trading, reflecting cautious market sentiment.
The LQ45 Index edged up 0.03 per cent to 752.47. The IDX30 also strengthened 0.09 per cent to 399.15.
However, several other indices were in negative territory. The Jakarta Islamic Index (JII) fell 0.44 per cent to 491.01. The KOMPAS100 Index weakened 0.19 per cent to 1,025.43.
Market analyst and Founder of Republik Investor, Hendra Wardana, assessed that the stock market is currently facing pressure from external sentiment, particularly geopolitical tensions in the Middle East that trigger volatility in global financial markets.
According to him, the uncertainty regarding the conflict heightens concerns about the stability of global energy supply and the potential for inflation increases in various countries.
This situation has prompted global investors to reduce exposure to risky assets such as equities and shift towards instruments considered safer.
“This situation makes the movement of the Indonesian Composite Index more sensitive to external developments in the short term,” said Hendra when contacted by Kompas.com on Wednesday evening, 11 March 2026.
For Thursday’s trading, the IHSG’s movement is estimated to still trade in a fluctuating manner with a consolidation tendency. Technically, the nearest support area for the IHSG is around 7,320–7,350, whilst short-term resistance is in the area of 7,450–7,500.