Indonesian Stock Market Projected to Show Mixed Movement on December 29

Technical Pressure and Low Liquidity Dominate Market

The Indonesian Composite Stock Price Index (IHSG) is expected to show mixed movement on December 29, 2025, as the market faces technical pressure and low liquidity ¹

. On December 24, the IHSG closed at 8,537.91, down 0.55% or 46.87 points from its previous close ²

Source 2

https://investasi.kontan.co.id/news/ihsg-masih-wait-and-see-senin-2912-simak-rekomendasi-saham-gpra-hrta-dan-tebe

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Technical Analysis Indicates Potential Bearish Trend

Market analyst William Hartanto from WH-Project noted that the IHSG has broken below the gap area at 8,554, indicating potential bearish momentum ¹

. The index is currently testing lower levels, with support at 8,515 and resistance at 8,560 ²

Source 2

https://investasi.kontan.co.id/news/ihsg-masih-wait-and-see-senin-2912-simak-rekomendasi-saham-gpra-hrta-dan-tebe

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Market Sentiment and Trading Activity

The market is experiencing reduced trading activity due to the upcoming year-end holidays. The net foreign sell on December 24 was recorded at Rp238.83 billion, contributing to the downward pressure ²

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Outlook for Remaining Trading Days of 2025

Analysts predict that the IHSG will likely move in a consolidative pattern during the remaining trading days of 2025 (December 29-31) due to low liquidity and absence of strong catalysts ³

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