IHSG Post-Eid Holiday: Global Influences and Investor Strategies

JAKARTA, KOMPAS.com - The Indonesia Stock Exchange (BEI) will reopen on Wednesday (25/3/2026), after being temporarily closed due to the extended national holidays and collective leave for Eid al-Fitr 2026.

What will the movement of the Composite Stock Price Index (IHSG) be like on the first day after the holiday?

Capital market observer and Founder of Republik Investor, Hendra Wardana, projects that the IHSG’s movement after the long holiday will still be influenced by global sentiments and domestic seasonal factors.

This situation is considered an initial positive sentiment for the domestic market.

“If we look at the global conditions during the long holiday, the stock markets in the United States and Asia tended to strengthen along with the easing of geopolitical tensions and the stabilisation of energy prices, so this condition becomes an initial positive sentiment for the Indonesian stock market,” said Hendra in Jakarta on Tuesday (24/3/2026).

Historically, the IHSG has a tendency to experience a technical rebound after the long Eid holiday.

Nevertheless, the strengthening of the IHSG is estimated to remain limited and tend to move in a consolidation phase, with the potential to test the resistance area around 7,150 to 7,200.

“With that condition, the IHSG has the potential to move stronger at the beginning of the opening after the holiday, but that strengthening is estimated 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.

On the other hand, Hendra reminds market players to remain wary of external risks.

Furthermore, this week’s market movement is considered very likely to be influenced by global developments during the long holiday, including the dynamics of commodity prices such as gold and energy.

The decline in gold prices indicates a reduction in market concerns and encourages investors to return to risk assets like stocks, which becomes a positive sentiment for the IHSG.

However, the domestic market is estimated not to move aggressively right away.