The Indeks Harga Saham Gabungan (IHSG) opened Thursday’s trading session (February 26, 2026) with volatile movements. At the start of trading, the index entered positive territory and reached a high of 8,358.95.

Shortly afterward, however, the IHSG slipped into negative territory. Within the first 10 minutes of trading, the index had declined by 0.29% to 8,297.8. Earlier at the opening, it had gained 0.35% to 8,351.36.

According to data from the Bursa Efek Indonesia, trading volume reached 4.57 billion shares with a total transaction value of Rp2.19 trillion and 333,226 recorded trades. A total of 290 stocks declined, 218 advanced, and 190 remained unchanged.

For today’s session, BRI Danareksa Sekuritas stated that technically the IHSG is testing the support range of 8,230–8,150, with limited movement likely as long as it remains above that zone. The nearest resistance level is seen at 8,430. Market participants are reportedly adopting a wait-and-see stance ahead of negotiations between the United States and Iran in Geneva, which could influence global asset volatility.

Amid geopolitical uncertainty, safe-haven assets such as gold continue to strengthen and remain above US$5,150 per troy ounce, reflecting a defensive posture among global investors. BRI Danareksa’s stock picks for today are ADMR, AHAP, and PADI.

Similarly, Phintraco Sekuritas noted that technically the IHSG remains above its MA-5 and MA-20. However, the Stochastic RSI indicator has entered the overbought area, while the MACD is beginning to show narrowing on a positive slope. As a result, the IHSG is projected to consolidate within the 8,250–8,350 range today. Nonetheless, gains in global equity markets could serve as a supportive factor. Phintraco’s top picks include MEDC, ELSA, KLBF, BKSL, and ASII.

Meanwhile, CGS International Sekuritas Indonesia highlighted that the continued rally on Wall Street and rising prices of commodities such as CPO, tin, nickel, gold, gas, copper, and pulp are expected to provide positive sentiment to the market. Renewed foreign investor buying is also seen as an additional supportive factor for the IHSG. CGS projects the index to extend its gains with support in the 8,250–8,180 range and resistance at 8,395–8,490. Its recommended stocks include BBRI, ANTM, PSAB, INCO, ARCI, and ADMR.

Lastly, Panin Sekuritas forecasts that the IHSG may strengthen, supported by positive regional index sentiment, firm commodity prices, and continued foreign capital inflows. Panin’s stock recommendations for today are WIFI, CMRY, and BUMI.