Optimistic IHSG to Return to 7,000 Level, Analysts Recommend These 2 Stocks

The CEO of PT Sucor Sekuritas, Bernadus Wijaya, remains optimistic that the IHSG can penetrate the 7,000 area by the end of 2026. He attributes this primarily to the MSCI rebalancing scheduled for this coming November.

“We are very optimistic that Indonesia will remain in the MSCI market and will begin to see the unfreezing of its constituents within the IHSG. Although there are no new constituents yet, it will increase the waiting period. This will certainly add stimulus or a positive statement for the IHScal from November until the end of 2026,” he revealed during the Road to CNBC Awards 2026 ‘Best Securities and Fund Management’ on Wednesday (30/09/2026).

Furthermore, Bernadus added that various reforms in the financial market are also expected to add positive sentiment, alongside the transition of the Governor of Bank Indonesia and the Minister of Finance.

Sectorally, Bernadus noted that the banking sector could be a preferred choice due to relatively cheap valuations, particularly for BBRI and BMRI stocks.

“So, of course, when Indonesia is unfrozen, the potential for foreign investment to first target Indonesia will naturally be in the banking sector. At current prices, the yield in the banking sector, with its payout ratio similar to last year, has reached more than 10%. It is around 12-13% for BBRI and BMRI,” he explained.

Currently, liquidity in the Indonesian stock market is quite shallow, which has impacted the securities industry. Therefore, Bernadus believes the solution lies in continuous education, including targeting Generation Z and Millennials.

He believes this can increase literacy and inclusion within the securities sector. Additionally, Sucor is utilising social media and lifestyle-based approaches, including engaging with communities such as padel, pickleball, and golf, as well as various cross-professional groups. Looking ahead, Bernadus hopes for greater political and economic stability in Indonesia to allow the capital market to move more organically.

“Of course, this can become even better in the future. Thus, the acquisition activities we are undertaking can bear fruit, not only for the company but also for Sucor Sekuritas clients and general stock investors in 2027,” he concluded.