Indonesian Composite Index Projected to Rise Limitedly on Monday

Market Outlook for Monday (12/8/2025)

The Indonesian Composite Index (IHSG) is expected to experience limited gains on Monday (12/8/2025) as market sentiment remains relatively constructive. On Friday (12/5/2025), IHSG closed with a slight decline of 0.09% to reach 8,632.76.

Technical Analysis and Projections

Reza Diofanda, Technical Analyst at BRI Danareksa Sekuritas, projects that IHSG will operate within a specific range on Monday. The support level is identified between 8,595 and 8,610, while the resistance level is between 8,650 and 8,700. According to Diofanda, as long as IHSG remains above the support level, there is potential for the index to continue its upward movement towards the resistance level. However, investors are advised to be cautious of potential taking profit opportunities as the index is already near its peak.

Market Sentiment and Investor Considerations

The overall market sentiment remains constructive, supporting the potential for IHSG to move higher. Nevertheless, the limited upside projection suggests that investors should be prepared for a potentially cautious trading session. Monitoring the support and resistance levels will be crucial in determining the market's next move.