Indonesia's Composite Stock Price Index (IHSG) opened stronger by 18 points or 0.22 percent at 8,658 on Friday, December 5, 2025, though analysts forecast a flat movement amid varied Asian markets. It later rose to 8,640, up 0.33 percent, indicating a consolidation phase before a potential rebound. Investors are advised to watch key support and resistance levels.
At the market open on Friday, December 5, 2025, the IHSG rose 18 points or 0.22 percent to 8,658, according to Indonesia Stock Exchange data. BNI Sekuritas Head of Retail Research Fanny Suherman predicted the IHSG would likely move sideways that day. "IHSG is potentially sideways today," she said in her daily research.
The Asian markets on the previous Thursday were varied, with Japan's Nikkei 225 up 2.33 percent and Topix 1.92 percent, driven by weak US economic data and expectations of a Federal Reserve (The Fed) rate cut next week. Fanuc shares surged 12.98 percent after partnering with Nvidia on AI-powered industrial robots, while Yaskawa Electric rose 11.37 percent due to a collaboration with SoftBank Group, whose shares climbed 9.18 percent. However, South Korea's Kospi fell 0.19 percent and Kosdaq 0.23 percent. Wall Street mostly strengthened, with the S&P 500 up 0.11 percent, Nasdaq Composite 0.22 percent, and Dow Jones slightly down 0.07 percent.
During the trading session, the IHSG reached 8,640 after gaining 0.33 percent. Binaartha Sekuritas analyst Ivan Rosanova stated the IHSG is consolidating to continue its prior uptrend toward 8,703, provided it holds above the minor support of 8,598. A drop below that level could lead to a correction to 8,564. Other supports are at 8,564, 8,493, 8,361, and 8,255, while resistances are at 8,703, 8,770, and 8,866.
Meanwhile, Asia-Pacific markets plunged at Friday's open, with Nikkei 225 down 1.36 percent and Topix 1.12 percent, triggered by subdued Wall Street performance. Kospi was flat, Kosdaq down 0.25 percent, ASX 200 fell 0.17 percent, and Hang Seng futures dropped. Investors await the Fed's decision on December 9-10, 2025.
Ivan recommended five potential stocks: AADI (buy 7,050-7,300, target 7,750), ADRO (buy 1,750-1,800, target 1,965), ANTM (buy 2,800-2,850, target 3,130), BBCA (buy 7,800-8,000, target 8,700), and GOTO (buy 54-57, target 71). Fanny noted supports at 8,550-8,600 and resistances at 8,650-8,700.
