IHSG Rebounds at Opening on Positive Market Sentiment

RRI.CO.ID, Jakarta - After two consecutive days of losses, the Jakarta Composite Index (IHSG) returned to positive territory on Friday, January 30, 2026. Observations at the Indonesia Stock Exchange (IDX) showed the benchmark index opening 1.08 percent higher at 8,321.

On Thursday, the IHSG closed down 1.06 percent at 8,232, as selling pressure persisted. Foreign investors recorded net sales of IDR 5.1 trillion (USD 303.96 million).

The stocks most heavily sold by foreign investors were Bank Central Asia (BBCA), Bank Mandiri (BMRI), Aneka Tambang (ANTM), Bank Negara Indonesia (BBNI), and Telkom Indonesia (TLKM). “The IHSG still has the potential to move sideways today, but it remains relatively safe as long as it holds firmly above 8,050,” Fanny Suherman, head of retail research at BNI Sekuritas, said on Friday.

She said the index was expected to trade within the 8,050–8,100 range, which serves as a support level, while resistance is seen between 8,300 and 8,400.

Mirae Asset Sekuritas economist Rully Arya Wisnubroto also warned that the IHSG remains vulnerable to a correction. “We expect market volatility to remain high in today’s trading session,” he said.

Friday marks the final trading day of January 2026. However, Rully noted that statements from the Financial Services Authority (OJK) and the IDX in response to an announcement by Morgan Stanley Capital International (MSCI) had been positively received by the market.

He added that investors are repricing their expectations for regulatory measures, particularly those aimed at improving transparency in share ownership data. “Several stocks associated with the MSCI ‘inclusion’ theme still have the potential to extend their correction in today’s trading,” he said.

Earlier on Friday, IDX president director Iman Rachman announced his resignation, citing responsibility for recent market turbulence following a sharp decline in the benchmark index. (Gusti Panji/Lasti Martina)