IDXChannel – The Indonesian stock market, measured by the Composite Index (IHSG), is poised for a potential rebound and continued strengthening into the 8,377-8,440 range on Friday, February 13, 2026, ahead of the weekend.
During Thursday’s trading session, the IHSG closed down 0.31 percent at a level of 8,265 amid emerging selling pressure that limited upside potential. The index’s movement likewise briefly touched previously projected near-term targets.
“The IHSG still has the opportunity to continue its strengthening to form part of wave (c) of wave [x] to the 8,377-8,440 range,” according to research from MNC Sekuritas on Thursday, February 12, 2026.
Technically, the IHSG is considered to still have the potential to continue strengthening in the best-case scenario. The index is expected to be forming part of wave (c) of wave [x], with a potential increase towards the 8,377 to 8,440 range. This potential for gains comes as investors continue to weigh recent economic data and global market conditions.
However, market participants are still advised to be wary of the potential for further correction. Should selling pressure re-emerge, the IHSG risks moving lower to test support levels in the 8,155 to 8,202 range.
