IHSG Strengthens 4 Percent, What Is the Outlook for This Week?

The Jakarta Composite Index (IHSG) at the close of trading on Monday, 15 June 2026, finished at 6,254.96, strengthening 4.12 percent compared to the previous close. This movement continues the positive performance of the previous week, which had risen 7.38 percent after briefly plunging to the 5,594 level. Citing data from the Indonesia Stock Exchange, the total transaction value of share trading until the final session reached Rp 30.14 trillion. The trading frequency was recorded at 3.25 million times, while the trading volume was 54.6 billion shares. On the previous Friday, 12 June 2026, the stock index closed at 6,007.65. Equity Analyst at PT Indo Premier Sekuritas (IPOT), Imam Gunadi, stated that the IHSG had indeed weakened at the start of the previous week. “However, it managed to close in the green zone, influenced by many factors, both global and domestic,” he said in an official statement on Monday, 15 June 2026. One of the influencing global factors was the release of inflation data in the United States, which increased. Imam explained that although higher inflation potentially limits the room for interest rate cuts by the US central bank, The Fed, the market responded to the data relatively positively. In addition, there is the effect of current conditions where the US and Iran are discussing a draft agreement that includes lifting sanctions on Iranian oil exports and the reopening of the Strait of Hormuz, a vital shipping lane for world energy trade. “These developments have eased market concerns about the risk of global oil supply disruptions, which had previously driven spikes in energy prices,” said Imam. On the domestic side, there was a decline in Indonesia’s foreign exchange reserves and an aggressive move by Bank Indonesia to raise its benchmark interest rate. “This aggressive step was taken as a direct response to dampen external pressures that triggered a weakening of the rupiah exchange rate,” said Imam. Share trading this week will take place over four days due to the Islamic New Year 1448 Hijri holiday. Imam stated that market participants must pay close attention to several interesting data releases, such as China’s Industrial Production data and the Bank of Japan (BoJ) interest rate decision, which is expected to rise by 25 basis points to 1.00 percent from the previous 0.75 percent. For this week, IPOT predicts the IHSG has the potential to move variedly. “The resistance level is at 6,286, while the support level is at 5,695,” said Imam.