Targeting Cheap Stocks Amid IHSG Volatility - Bisnis Indonesia Premium

Bisnis.com, JAKARTA – Indonesia’s stock market has experienced various pressures since the beginning of the year. This has caused the Composite Stock Price Index (IHSG) to decline 11.71% year-to-date to 7,634 at the market close on Friday (17/4/2026). The IHSG has indeed strengthened over the past week, but this rebound momentum is being obstructed by negative sentiment from the re-closure of the Strait of Hormuz route. Meanwhile, the IHSG correction since the start of the year has also made valuations of blue-chip stocks relatively cheap. In line with the subdued composite index, the LQ45 and IDX80 indices have each corrected by 10.36% year-to-date and 10.85% year-to-date. However, fundamentally, a number of constituents recorded significant net profit growth throughout 2025, although some also experienced corrections.