IHSG Remains Volatile, Retail Investors Advised Not to Be Aggressive or Panic
JAKARTA, KOMPAS.com - The Composite Stock Price Index (IHSG) closed weaker at the start of the trading week on Monday (6/4/2026). The index fell 0.53% to the level of 6,989.42.
Capital market analyst and Founder of Republik Investor, Hendra Wardana, reminded investors to remain calm amid the pressure on the IHSG, which has fallen below the 7,000 mark.
Why stay calm? According to Hendra, the current market conditions are in a risk-off phase triggered by geopolitical uncertainties and the direction of global interest rate policies.
In such a situation, retail investors are advised not to panic, but also not to be too aggressive in taking positions.
If the IHSG breaks through the 6,917 level, there is potential for further weakening towards the 6,745 area as the next support level.
“For the current IHSG condition, which has already fallen below 7,000, investors should not panic but also not be aggressive. The market is clearly in a risk-off phase due to geopolitics and global interest rate uncertainties. If the 6,917 level is breached, there is indeed potential for the IHSG to fall to the 6,745 area as the next support,” said Hendra when contacted by Kompas.com on Monday night (6/4/2026).
“Because stocks like this are usually the primary targets for foreign investors during a rebound,” he explained.
In other words, in the current market phase, the priority should not be seeking stocks that can rise quickly, but identifying the safest stocks that will be the first to be bought by foreigners when global fund flows return to Indonesia.
Technical Analyst at BRI Danareksa Sekuritas, Reza Diofanda, recommended several stocks for market participants to monitor. Among them, PT Triputra Agro Persada Tbk (TAPG) with a buy area at Rp 1,750- Rp 1,800, target Rp 1,910- Rp 1,985, and stop loss below Rp 1,700.
PT Timah Tbk (TINS) is recommended for buy on break at Rp 3,670 with a target of Rp 3,880- Rp 4,250 and stop loss below Rp 3,550.
Meanwhile, PT Raharja Energi Cepu Tbk (RATU) can be monitored with a buy area at Rp 5,000- Rp 5,175, target Rp 5,425- Rp 5,825, and stop loss below Rp 4,900.
Separately, Head of Retail Research at MNC Sekuritas, Herditya Wicaksana, recommended the stock of PT Sentul City Tbk (BKSL) in the Rp 113- Rp 119 range, PT Barito Pacific Tbk (BRPT) around Rp 1,610- Rp 1,890, and PT Pabrik Kertas Tjiwi Kimia Tbk (TKIM) in the Rp 9,175- Rp 9,800 area for monitoring in the next trading session.