The Composite Stock Price Index (IHSG) opened up 30.60 points or 0.35 percent to 8,778.73 on Monday (January 5, 2026), despite negative sentiment from the US-Venezuela conflict. The US reportedly attacked Venezuela and captured President Nicolas Maduro and his wife on terrorism and drug charges. Analysts predict potential further gains if the IHSG breaks certain resistance levels.
On the opening of trading Monday (January 5, 2026), the Composite Stock Price Index (IHSG) of the Indonesia Stock Exchange (BEI) moved up 30.60 points or 0.35 percent to 8,778.73. The blue-chip LQ45 group also rose 2.08 points or 0.24 percent to 854.08. This positive movement occurred amid escalating global geopolitical tensions due to the US attack on Venezuela, where US forces captured President Nicolas Maduro and his wife for trial in New York on terrorism and drug charges.
US President Donald Trump stated that the US will control Venezuela until a power transition occurs, and allow US companies to enter the country to repair the oil industry structure. Head of Research at Phintraco Sekuritas, Ratna Lim, said, "The IHSG has the potential to be impacted by negative sentiment if there is selling pressure from foreign investors. However, if crude oil and gold prices rise, it is expected to drive up stock prices in the energy and related commodity sectors."
Ratna also highlighted that this political escalation will be a market focus this week, with concerns that investors will shift to safe assets like the US dollar and gold. Meanwhile, Head of Retail Research at PT BNI Sekuritas, Fanny Suherman, predicted the IHSG could continue strengthening if it breaks resistance at 8,750, with support at 8,500-8,660 and resistance at 8,820-8,850.
Analyst at Binaartha Sekuritas, Ivan Rosanova, added that the IHSG has broken resistance at 8,742, opening the way to 8,877 as long as it holds above 8,599. Positive sentiment is also supported by gains in Asian markets, such as the Nikkei up 2.73 percent to 51,704.00 and Shanghai up 0.68 percent. The US Wall Street closed mixed on Friday (January 2), with the Dow Jones down 0.66 percent to 48,382.39, while the S&P 500 rose 0.19 percent to 6,858.47.
Domestic market players are also monitoring economic data such as inflation, trade balance, and consumer confidence this week.
