Flooring Guide by Cinvex — JAKARTA — The Jakarta Composite Index (IHSG) is projected to remain under pressure in the coming week. Market analysts warn that the index may test the critical psychological level of 7,000 as a combination of domestic and global headwinds continues to weigh on investor sentiment.
The research team at Phintraco Sekuritas highlights that geopolitical uncertainty in the Middle East, particularly regarding tensions near the Strait of Hormuz, is keeping energy prices elevated for longer than the market initially anticipated. Despite a three-week ceasefire extension between Israel and Lebanon, investors remain cautious. Furthermore, fading optimism regarding a near-term diplomatic breakthrough between the United States and Iran is expected to sustain volatility in energy commodity prices.
Market Performance Recap: The IHSG saw a significant decline of 6.61% last week, resulting in a market capitalization loss of Rp899 trillion.
From a technical standpoint, the IHSG is displaying signs of further weakness. The index is expected to trade within a limited range with a bearish bias, facing a support level at 7,000, a pivot point at 7,200, and resistance at 7,300. Amid these market dynamics, analysts suggest investors monitor several stocks with active trading potential, including ADMR, ADRO, BFIN, ISAT, ULTJ, and SRTG, according to the research report released on Saturday (April 25, 2026).
Fundamental Insight: Analyzing the underlying fundamentals of the IHSG during this correction, the long-term target of 7,500 remains intact.
On the global front, investor focus will shift to the Federal Open Market Committee (FOMC) meeting scheduled for April 29. The U.S. central bank is widely expected to hold its benchmark interest rate steady in the 3.5%–3.75% range. The market is also bracing for a flurry of critical U.S. economic data, including consumer confidence, housing sector figures, Q1-2026 GDP, and key inflation indicators such as the PCE index and ISM manufacturing activity.
Top Performers: Among the week’s top gainers, shares of WBSA saw a strong debut, surging to the top immediately following their IPO.
In Asia, market participants are keeping a close watch on the Bank of Japan’s interest rate decision on April 28. Rates are expected to remain at 0.75%, even as inflationary pressures continue to mount within the country. Meanwhile, in Europe, attention is fixed on Q1-2026 GDP data, inflation trends, and unemployment rates. The European Central Bank (ECB) and the Bank of England (BoE) are both anticipated to maintain their current interest rates at 2.15% and 3.75%, respectively.
Disclaimer: This article is for informational purposes only and does not constitute financial advice to buy or sell any stocks. Investment decisions remain the sole responsibility of the reader. Bisnis.com is not liable for any losses or gains resulting from investment decisions made based on this information.
Summary
The Jakarta Composite Index (IHSG) is expected to face continued pressure, with analysts warning that it may test the critical 7,000 psychological support level. This bearish sentiment is driven by geopolitical instability in the Middle East and concerns over elevated energy prices. Despite the recent 6.61% decline, experts maintain a long-term target of 7,500 for the index, while suggesting that investors monitor stocks such as ADMR, ADRO, BFIN, ISAT, ULTJ, and SRTG.
Global market focus will center on upcoming central bank decisions, including the U.S. Federal Reserve’s FOMC meeting and the Bank of Japan’s interest rate announcement. Investors are also preparing for a series of key economic reports from the U.S. and Europe, covering GDP, inflation, and consumer confidence. These global macroeconomic factors are expected to maintain market volatility throughout the coming week.