IHSG Opens Weaker but Reverses to Strengthen at 7,119

JAKARTA, KOMPAS.com – The Composite Stock Price Index (IHSG) opened weaker at the start of trading on Wednesday (25/3/2026), before eventually reversing to strengthen.

According to data from the Indonesia Stock Exchange (BEI), the IHSG opened at 7,084.62, down from the previous close at 7,106.84. However, shortly after the opening, the index reversed direction and strengthened to 7,119.74, or up 0.18 per cent.

In the early session, the IHSG’s movement ranged from 7,057.22 to 7,140.86. The index’s strengthening occurred alongside the dominance of stocks moving in the green zone.

From the trading activity perspective, the transaction volume reached 5.748 billion shares with a transaction value of Rp 3.865 trillion and a frequency of 279,900 times.

Several indices also moved positively. The LQ45 Index rose 0.59 per cent to 726.68, while the Jakarta Islamic Index (JII) strengthened 2.12 per cent to 478.59.

The Kompas100 Index also increased 0.87 per cent to 986.87. Meanwhile, the Indonesia Sharia Stock Index (ISSI) strengthened 1.13 per cent to 251.43.

This strengthening of the IHSG aligns with analysts’ projections that the index has the potential to rebound after the long Nyepi and Eid 2026 holidays, although it is still overshadowed by global uncertainties.

Capital market observer and Founder of Republik Investor, Hendra Wardana, said that the IHSG’s movement in the coming week will be influenced by a combination of global sentiments and domestic seasonal factors.

“The projection for the Indonesian stock market’s movement after the long Nyepi and Eid holidays will basically still be heavily influenced by a combination of global sentiments and domestic seasonal factors,” Hendra stated when contacted by Kompas.com on Tuesday (24/3/2026).

Historically, the IHSG tends to experience a technical rebound after the long Eid holidays because investors previously engaged in profit-taking and a wait-and-see approach, so after the holidays end, funds flow back into the market.

With this pattern, the IHSG is expected to strengthen in trading, although the increase will still be limited and tend to be in a consolidation phase. Technically, the index has the opportunity to test the resistance area around 7,150–7,200.

“With that condition, the IHSG has the potential to move stronger at the opening after the holidays, but this strengthening is expected to still be limited in nature and tend to be in a consolidation phase with the potential to test the resistance area around 7,150–7,200,” he explained.