Mandiri Sekuritas Projects IHSG to Reach 9,350 by 2026

Positive Outlook for Indonesian Stock Market

Mandiri Sekuritas has released its latest projections for the Indonesian Composite Index (IHSG), forecasting a potential rise to 9,050 by the end of 2025 and further to 9,350 in 2026 under a bullish scenario. This optimistic outlook is driven by several key factors that are expected to contribute to the market's growth.

Key Drivers of Growth

The research firm highlights that companies listed in the IDX30 index, known for their strong fundamentals and significant contribution to the IHSG, will be the primary drivers of this growth. According to Kresna Hutabarat, Deputy Head of Equity Research at Mandiri Sekuritas, these companies are well-positioned to lead the market's advancement.

Continued Momentum into 2026

Kresna Hutabarat emphasized that the momentum observed in the current year is expected to continue into 2026, providing a solid foundation for sustainable growth in the Indonesian stock market. This projection is based on the robust performance of key sectors and the overall positive economic indicators.

Market Implications

The projected growth of the IHSG to 9,350 by 2026 suggests a positive outlook for the Indonesian stock market. It indicates increasing investor confidence and potential inflows into the market, particularly into stocks with strong fundamentals.