IHSG opens stronger with potential to break 8.770

The Composite Stock Price Index (IHSG) opened up 60.98 points or 0.70 percent to 8,761.90 on Thursday, December 11, 2025. Analysts predict the uptrend will continue, potentially testing the 8.770 resistance, though a correction risks if it falls below 8.611.

In Thursday morning trading on December 11, 2025, the Composite Stock Price Index (IHSG) at the Indonesia Stock Exchange (BEI) opened higher by 60.98 points or 0.70 percent to 8,761.90. The benchmark LQ45 group also rose 5.96 points or 0.70 percent to 862.92.

Previously, the IHSG was at 8,700 after a 0.51 percent gain. Binaartha Sekuritas analyst Ivan Rosanova stated that the IHSG is consolidating above the minor support of 8.611. "(The IHSG) has the potential to continue rising to test the Fibonacci resistance of 8.770," Ivan revealed in his daily research.

However, Ivan warned of a possible reversal to the 8,550 to 8.510 area if the index drops below 8.611. Key support levels are at 8.611, 8.493, and 8.361, while resistances are at 8.770, 8.941, and 9.052.

Ivan also recommended five potential stocks for gains: PT Adaro Andalan Indonesia Tbk (AADI) with Buy on Weakness at buy range 7,050-7,300 and target 7,750; PT Alamtri Resources Indonesia Tbk (ADRO) Trading Buy at 1,780-1,800 with target 1,965; PT Sumber Alfaria Trijaya Tbk (AMRT) at 1,840-1,890 target 1,950; PT GoTo Gojek Tokopedia Tbk (GOTO) at 56-61 target 75; and PT Indofood Sukses Makmur Tbk (INDF) at 6,300-6,500 target 7,150.

This forecast is based on technical analysis, with the IHSG projected to remain in an uptrend today.

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