Gotrade News - The Indonesia Stock Exchange Composite Index (IHSG) holds the potential to strengthen in today’s trading, yet caution remains essential. Although there is a chance of a rebound to the 7,020-7,050 level, the risk of correction cannot be ruled out until IHSG succeeds in breaking through resistance.
Previously, IHSG dropped by 0.53%, closing at 6,989 with significant foreign selling pressure amounting to IDR 611 billion. Major stocks such as BBRI, BMRI, and BBCA were included in the sell-off.
Head of Retail Research at BNI Sekuritas, Fanny Suherman, advises investors to prepare for potential corrections if IHSG fails to surpass the 7,050 level. IHSG's support level lies between 6,850-6,900.
Meanwhile, global stock markets exhibit varied movements. Wall Street indices rose due to reports of a potential ceasefire between the US and Iran, yet political tensions continue to affect market sentiment.
Equity investments in Asia also show similar dynamics, as major exchanges closed mixed. Recent developments in the Middle East conflict remain a primary concern for investors.
Analyst at PT MNC Sekuritas, Herditya Wicaksana, adds that IHSG remains in a correction-prone wave pattern. He predicts support and resistance levels at 6,917-7,302.
Today's stock recommendations include PT Vale Indonesia Tbk (INCO) and PT Sentul City Tbk (BKSL), attracting attention due to significant buying activities.
Other focuses include the announcement of inflation data from the Philippines and the Bank of Korea's interest rate decision scheduled for this week. These decisions are anticipated to impact short-term investment strategies.
Geopolitical uncertainties and the latest economic data will be decisive for investors. It is advised to continually monitor IHSG movements and current technical analysis.
Given the market’s ongoing dynamics, market participants are reminded to employ investment strategies based on thorough analysis and not just chase fleeting trends.
Reference:
- RRI, IHSG Masih Berpotensi untuk Terkoreksi, Pasar Diingatkan Tetap Hati-Hati. Accessed on April 7, 2026
- Liputan6, Prediksi IHSG dan Rekomendasi Saham Hari Ini 7 April 2026. Accessed on April 7, 2026
- IDX Channel, IHSG Masih Rawan Koreksi, Begini Analisa Saham BKSL-ITMG. Accessed on April 7, 2026
Featured Image: GPT Image 1.5
