Indonesian Stock Market Analysis for Monday, December 15, 2025

Market Overview

The Indonesian Composite Index (IHSG) closed lower by 0.13% to 8,649.66 on Monday, December 15, 2025 ¹

. During the trading session, 340 stocks rose, 329 stocks fell, and 132 stocks remained unchanged. The market's mixed performance was reflected in sectoral indices, with five sectors showing gains while six others declined ¹

Source 1

https://investasi.kontan.co.id/news/ihsg-terkoreksi-013-ke-8649-pada-senin-1512-bumi-dssa-ammn-top-losers-lq45

.

Sectoral Performance

The healthcare sector led gains with a 3.50% increase, followed by the financial sector up 2.20%, and the non-cyclical consumer goods sector rising 0.50% ¹

. Conversely, several other sectors experienced declines, contributing to the overall market weakness.

Technical Analysis and Outlook

Analysts from Binaartha Sekuritas observed that the IHSG had attempted to break through the 8,690 level but remained constrained below the critical 8,742 resistance level ³

. They noted that surpassing this level would be crucial for the index to continue its previous upward trend, with the next target potentially at 8,877.

Key Support and Resistance Levels

• Support levels: 8,493, 8,361, and 8,255
• Resistance levels: 8,742, 8,877, and 8,941 ³
  Source 3

  https://investasi.kontan.co.id/news/cek-rekomendasi-saham-bbca-bbni-bbri-brpt-dan-goto-hari-ini-1612

Technical Indicators

The MACD indicator remained in a neutral condition, suggesting a lack of clear directional momentum in the market ³

.

Stock Highlights

1. PT Malindo Feedmill Tbk (MAIN): Technical analysts noted the appearance of an Inverted Hammer pattern, with strengthening RSI and a Golden Cross on the Stochastic indicator, accompanied by increased trading volume. The stock is considered at risk of SOS if it fails to break through the Rp780 - Rp825 range ²
   Source 2

   https://investasi.kontan.co.id/news/cermati-rekomendasi-teknikal-saham-main-brms-dan-untr-untuk-selasa-1512
   .

Conclusion

The IHSG's decline on Monday reflects the market's cautious stance amid mixed sectoral performance. Investors are advised to monitor key resistance levels and sectoral trends closely.