JAKARTA – The Jakarta Composite Index (IHSG) is projected to experience varied movements with a tendency for limited strengthening on Wednesday, March 25, 2026. This comes as the market fully resumes operations following the extensive Eid al-Fitr holiday period, marking a significant return to trading.
It is important to note that the Indonesia Stock Exchange (IDX) had temporarily halted trading from March 18 to March 24, 2026. This closure accommodated national holidays, including Nyepi and Lebaran 2026. This eagerly anticipated return of market activity is expected to prompt significant portfolio adjustments by investors, influencing early trading dynamics.
According to the MNC Sekuritas Research Team, prior to the extended holiday break, the IHSG had demonstrated a notable gain of 1.20%, reaching the 7,106 level. This upward movement was accompanied by a substantial surge in buying volume, indicating strong investor interest. Technically, the immediate strengthening area at 7,115 was successfully breached, suggesting that the composite index is now setting its sights on the next resistance target.
IHSG Volatile: Analysts Advise Buying Discounted and High-Dividend Stocks
MNC Sekuritas further forecasts that the IHSG’s technical position remains within wave (v) of wave [c] of wave A, as per their black label, or wave (2) according to their red label. The research firm suggests a possibility that the IHSG could continue its correction, potentially moving into the range of 6,745 – 6,887. Conversely, the next immediate strengthening area is identified between 7,176 and 7,238, as detailed in MNC Sekuritas’ research publication on Tuesday, March 24, 2026.
Currently, MNC’s research team has identified strong support levels for the IHSG at 6,991 and 6,843, while resistance levels are established at 7,156 and 7,239. These technical indicators are crucial for investors monitoring potential market entry and exit points in the upcoming trading session.
In alignment with these comprehensive market projections, MNC Sekuritas has issued specific technical recommendations for several stocks that warrant close attention during tomorrow’s trading session. Investors are encouraged to consider these equities as the market navigates its post-holiday dynamics and potential volatility.
Below are the stocks recommended by MNC Sekuritas for Wednesday, March 25, 2026:
PT Bank Neo Commerce Tbk. (BBYB)
BBYB surged by 4.35% to Rp288 before the long break. Investors are advised to consider a “buy on weakness” strategy within the range of Rp272–Rp286, targeting price levels of Rp316 and Rp346. A stop-loss order is recommended below Rp264.
PT XL Axiata Tbk. (EXCL)
EXCL recorded an impressive 15.63% increase, closing at Rp2,960. A “buy on weakness” approach is suggested for EXCL in the range of Rp2,710–Rp2,870, with target prices set at Rp3,080 and Rp3,260 per share.
PT Merdeka Battery Materials Tbk. (MBMA)
This nickel issuer, a subsidiary of PT Merdeka Copper Gold Tbk. (MDKA), maintained its position at Rp700 and remained above the MA60 line. The research recommends a “buy on weakness” strategy in the Rp665–Rp690 area, with target prices ranging from Rp750 to Rp825.
PT Hartadinata Abadi Tbk. (HRTA)
Despite a recent correction to Rp2,510 per share, HRTA is still deemed prospective by analysts. A “speculative buy” recommendation is issued within the Rp2,440–Rp2,500 range, aiming for target prices of Rp2,790 and Rp2,940 per share.
Disclaimer: This news article is not intended as an invitation to buy or sell stocks. Investment decisions rest solely with the reader. Bisnis.com is not responsible for any losses or gains arising from the reader’s investment decisions.