Jakarta Composite Opens Higher as Asian and Wall Street Markets Rally in Unison
Jakarta, VIVA – The Jakarta Composite Index (IHSG) opened 47 points or 0.57 per cent higher at the 8,357 level at the start of trading on Thursday, 19 February 2026.
Head of Retail Research at PT BNI Sekuritas, Fanny Suherman, predicted that the IHSG has the potential to continue strengthening during today's trading session.
"The IHSG has the potential to continue its gains today," said Fanny in her daily research note on Thursday, 19 February 2026.
Asian stock markets rose on Wednesday, although concerns over the artificial intelligence (AI) sector continued to loom over global markets.
Meanwhile, oil prices came under pressure after Iran indicated progress in nuclear negotiations with the United States.
In Japan, the Nikkei 225 index rose 1.02 per cent and the Topix gained 1.21 per cent. Australia's S&P/ASX 200 added 0.54 per cent.
However, a number of major Asian markets including mainland China, Hong Kong, Singapore, Taiwan, and South Korea remained closed for the Lunar New Year holiday, resulting in relatively thin trading volumes.
"IHSG support sits at the 8,180-8,230 level whilst resistance is in the 8,350-8,430 range," she said.
Wall Street closed higher on Wednesday, driven by gains in Nvidia, Amazon, and a number of other major technology stocks following easing investor concerns over the AI sector.
The S&P 500 index rose 0.56 per cent, the Nasdaq Composite gained 0.78 per cent, and the Dow Jones Industrial Average added 0.26 per cent. Nvidia shares rose 1.6 per cent after the company announced it had signed a multi-year deal to supply millions of current and next-generation AI chips to Meta Platforms.
Head of Retail Research at PT BNI Sekuritas, Fanny Suherman, predicted that the IHSG has the potential to continue strengthening during today's trading session.
"The IHSG has the potential to continue its gains today," said Fanny in her daily research note on Thursday, 19 February 2026.
Asian stock markets rose on Wednesday, although concerns over the artificial intelligence (AI) sector continued to loom over global markets.
Meanwhile, oil prices came under pressure after Iran indicated progress in nuclear negotiations with the United States.
In Japan, the Nikkei 225 index rose 1.02 per cent and the Topix gained 1.21 per cent. Australia's S&P/ASX 200 added 0.54 per cent.
However, a number of major Asian markets including mainland China, Hong Kong, Singapore, Taiwan, and South Korea remained closed for the Lunar New Year holiday, resulting in relatively thin trading volumes.
"IHSG support sits at the 8,180-8,230 level whilst resistance is in the 8,350-8,430 range," she said.
Wall Street closed higher on Wednesday, driven by gains in Nvidia, Amazon, and a number of other major technology stocks following easing investor concerns over the AI sector.
The S&P 500 index rose 0.56 per cent, the Nasdaq Composite gained 0.78 per cent, and the Dow Jones Industrial Average added 0.26 per cent. Nvidia shares rose 1.6 per cent after the company announced it had signed a multi-year deal to supply millions of current and next-generation AI chips to Meta Platforms.