The Composite Stock Price Index (IHSG) of the Indonesia Stock Exchange opened up 21 points or 0.26 percent to 8,152 on Wednesday, February 11, 2026. This gain aligns with most Asian markets strengthening, though Wall Street mostly weakened. Analysts predict potential continued gains if it breaks certain resistance levels.
The Composite Stock Price Index (IHSG) opened up 21.05 points or 0.26 percent to 8,152.79 on the morning of Wednesday, February 11, 2026, according to Indonesia Stock Exchange (BEI) data. The LQ45 index also rose 0.99 points or 0.12 percent to 830.42. The previous close on Tuesday showed a 1.24 percent gain to 8,131.73.
Fanny Suherman, Head of Retail Research at PT BNI Sekuritas, predicts the IHSG could continue rising if it breaks resistance at 8,150. "IHSG berpotensi untuk melanjutkan kenaikan jika berhasil break resistance di 8.150," she said in her daily research. She noted support levels at 8,020-8,050 and resistance at 8,150-8,250.
Meanwhile, Ivan Rosanova from Binaartha Sekuritas estimates strengthening toward 8,259 if the IHSG breaks 8,057, with a risk of correction to 7,785 if below that level. Other support levels include 7,617, 7,362, and 7,265, while resistances are at 8,162, 8,377, 8,596, and 8,837.
In Asian markets, most indices strengthened on Tuesday. Japan's Nikkei 225 rose 2.28 percent following Prime Minister Sanae Takaichi's victory on February 8, 2026, who promised to suspend the 8 percent sales tax on food for two years. Top performers included ORIX up 6.3 percent, Kyowa Kirin 6.2 percent, and IHI 6.1 percent. Hang Seng gained 0.58 percent, Taiex 2.06 percent, and Kospi 0.07 percent, though ASX 200 fell 0.03 percent.
In contrast, Wall Street mostly weakened on Tuesday due to stagnant U.S. December 2025 retail sales data, missing expectations of a 0.4 percent rise. The S&P 500 fell 0.33 percent, Nasdaq 0.59 percent, while the Dow Jones rose 0.10 percent. Investors await U.S. employment data on February 11 and CPI on February 13, 2026.
Rosanova also recommends stocks such as BBNI (buy 4,200-4,300, target 4,730), BMRI (4,550-4,560, target 5,100), EMTK (700-750, target 970), INCO (5,100-5,300, target 6,900), and KLBF (970-1,010, target 1,185).
