The Composite Index (IHSG) gained 65.94 points or rose 1.04 per cent to the 6,409 level on Friday (7 August). Trading reached Rp16.46 trillion with 38.06 billion shares traded, according to Indonesia Stock Exchange (IDX) Corporate Secretary Kautsar Primadi Nurahmad.
During the period of 3 to 7 August 2026, share trading closed in positive territory with market capitalisation increasing 2.64 per cent from Rp10.923 trillion to Rp11.212 trillion. The average daily trading volume rose 32.98 per cent from 30.04 billion to 39.95 billion shares, whilst the average daily transaction frequency increased 27.62 per cent from 1.82 million to 2.32 million transactions.
VP Equity Retail Kiwoom Securities Indonesia Oktavianus Audi expects the IHSG to move mixed with limited upside tendency on Monday (10 August) trading, in a range with support at 6,320 and resistance at 6,480. Market movement will be influenced by domestic consumer confidence data, rupiah strength, and US inflation data, he told CNNIndonesia.com on Sunday (9 August).
Domestically, the market will monitor July 2026 consumer confidence index data expected to be at the 116 level, down from 117.8 the previous month. Rupiah strengthening to the level of Rp17,800 per US dollar is seen as a positive sentiment, supported by foreign investor buying which recorded Rp494 billion in foreign inflow in the stock market at the start of August 2026.
Oktavianus recommends shares of PT ESSA Industries Indonesia Tbk (ESSA) which closed up 1.60 per cent at 635, projected to touch 685 this week. Shares of PT Chandra Asri Pacific Tbk (TPIA) closed up 4.69 per cent at 2,230, projected to reach 2,400, and shares of PT Merdeka Copper Gold Tbk (MDKA) closed up 3.52 per cent at 2,940, projected to touch 3,130.
Technical analyst MNC Securities Herditya Wicaksana expects the IHSG still has the opportunity to strengthen next week with support level at 6,112 and resistance at 6,454. Externally, investors will monitor July US inflation data expected to slow, as well as data from China also predicted to moderate. Domestically, attention is focused on second quarter 2026 company performance reports and interim dividend distributions.
Herditya recommends shares of PT Buana Lintas Lautan Tbk (BULL) which closed up 1.33 per cent at 456, projected to reach 520 this week. Shares of PT Bumi Resources Tbk (BUMI) closed up 4.47 per cent at 187, projected to touch 210, and shares of PT Multipolar Tbk (MLPL) closed up 5.21 per cent at 101, projected to reach 113.
