IHSG Rebound Continues, Check Out 5 Recommended Stocks for Today

Jakarta - The Composite Stock Price Index (IHSG) closed stronger by 0.39% at 7,307.59 during Thursday’s trading (9/4). The index’s gains were supported by surges in DSSA shares, up 16.42%, BREN by 14.00%, and TPIA strengthening by 16.07% as the main drivers of the movement. On the other hand, banking stocks such as BBCA fell 4.07%, BBRI weakened 1.80%, and BMRI corrected 2.14%, thus pressuring the index. Net selling by foreign investors continued, with a net sell value of Rp1.77 trillion in the regular market and Rp1.74 trillion across the entire market. In terms of sectors, six out of eleven sectors closed in positive territory. The consumer cyclical sector recorded the highest increase of 1.99%, while the financial sector faced the deepest pressure with a decline of 1.23%. In global markets, US stock indices closed higher. The Dow Jones rose 0.58% to 48,185, the S&P 500 strengthened 0.62% to 6,824, and the Nasdaq added 0.83% to 22,822. Global sentiment is still influenced by geopolitical developments in the Middle East. Market participants are maintaining optimism towards the potential for an Iran ceasefire but remain cautious amid increasing Israeli attacks in Lebanon. Iran is said to have threatened to halt peace negotiations if the attacks are not stopped immediately, which also pressured the EIDO ETF and MSCI Indonesia indices, down 0.13% and 0.23% respectively. Meanwhile, the rating agency Moody’s assesses that business risks for state-owned banks could increase in line with the assignment of credit distribution to government priority sectors, such as the Free Nutritious Meals (MBG) programme and the Red White Cooperative (KMP), as well as plans for high dividend distributions to Danantara. Authority data records credit distribution for priority programmes reaching Rp177.38 trillion, consisting of Rp1.21 trillion for MBG, Rp174.37 trillion for KMP, and Rp1.44 trillion for housing programmes. To maintain balance, the regulator is preparing policies to encourage private banking participation in financing those sectors. From the corporate side, PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO) has set a dividend distribution of Rp441.53 billion from the 2025 fiscal year net profit of Rp1.23 trillion. Previously, the company had distributed an interim dividend of Rp647.60 billion in November 2025. Thus, the total dividends allocated reach Rp1.09 trillion or around 90% of net profit, equivalent to Rp15 per share. The cum dividend schedule in the regular market is set for 17 April, with dividend payments scheduled for 7 May. Today’s Stock Recommendations: TAPG Buy 1800-1815 | TP 1845-1900 | SL 1720 AYAM Buy 326-330 | TP 336-340 | SL 310 TPIA Buy 5100-5200 | TP 5300-5425 | SL 4800 EMTK Buy 805-815 | TP 830-860 | SL 765 BIPI Buy 244-250 | TP 256-264 | SL 232 Disclaimer: All stock analyses and recommendations in this article are for informational purposes only and do not constitute an invitation to buy or sell specific stocks. Investment decisions are entirely at the discretion of each investor according to their risk profile and personal financial goals. Invest wisely.