Indonesian Stock Market Shows Resilience with IHSG Rise

Market Performance Overview

The Indonesian Composite Stock Price Index (IHSG) demonstrated a positive trend on Monday, closing at 8,416.88, representing a gain of 46.44 points or 0.55% compared to the previous session ¹

. This upward movement was consistent throughout the trading day, with the index reaching an intraday high of 8,452.32 and a low of 8,391.99. The market's positive performance was further evidenced by the distribution of stock movements, where 354 stocks advanced, 287 declined, and 173 remained unchanged.

Trading Activity Analysis

Trading activity showed significant engagement with a total transaction value of Rp 21.08 trillion ¹

. The volume included 40.99 billion shares traded across 2.687 million transactions, indicating robust market participation. The index opened at 8,397.83 and maintained its upward trajectory throughout the session ²

Source 2

https://finance.detik.com/bursa-dan-valas/d-8215120/ihsg-ditutup-menguat-di-level-8-416

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Technical Observations

The IHSG's recent performance shows a consistent upward trend across various timeframes. The index recorded a 0.31% weekly gain, 4.05% monthly increase, and 6.12% quarterly rise ¹

. These movements suggest a strengthening market sentiment and positive investor outlook. The year-to-date performance stands at 18.88%, while the one-year return is recorded at 11.92%, further reinforcing the positive market trajectory.