The Indonesia Stock Exchange Composite Index (IHSG) opened higher at 6,892.01 in today’s trading session, Wednesday (June 25, 2025). The index’s rise was driven by the strengthening of several key stocks including AMMN, BREN, PANI, and TLKM.

According to data from the Indonesia Stock Exchange (IDX), the IHSG climbed by 0.34% or 23.01 points to reach 6,892.01 shortly after the market opened. During the session, the index touched an intraday low of 6,871.65 and reached a high of 6,918.78. A total of 234 stocks advanced, 119 declined, and 189 remained unchanged. The total market capitalization stood at Rp12,123 trillion.

Among the large-cap stocks that showed gains were PT Amman Mineral Internasional Tbk. (AMMN), which rose 2.79% to Rp8,300, and PT Barito Renewables Energy Tbk. (BREN), which gained 2.14% to Rp5,975. PT Pantai Indah Kapuk Dua Tbk. (PANI) advanced 1.69% to Rp12,000, while PT Telkom Indonesia (Persero) Tbk. (TLKM) increased by 1.54% to Rp2,630 per share.

Top gainers at the start of trading today included PT Master Print Tbk. (PTMR), which surged 22% to Rp366, and PT Suryamas Dutamakmur Tbk. (SMDM), which rose 15.70% to Rp995.

Meanwhile, the biggest losers (top losers) were PT Apexindo Pratama Duta Tbk. (APEX), which dropped 14.63% to Rp140, and PT Pudjiadi & Sons Tbk. (PNSE), which fell 10.53% to Rp850 per share.

Phintraco Sekuritas analyst Ratna Lim stated that the Stochastic RSI currently shows a positive signal as a golden cross has formed in the oversold zone. Additionally, while IHSG has closed the gap up at 6,873, a gap down remains at 6,834, indicating short-term trading activity by investors. “Amid hopes and uncertainty over whether the Israel-Iran war has truly ended, IHSG is expected to have the potential to continue its rebound,” said Ratna.

Echoing this view, Reza Priyambada, Director at Reliance Sekuritas Indonesia, noted that technically, the index movement reflects a positive signal. This is supported by the formation of a white spinning top candlestick pattern approaching the 5-day moving average (MA5), and the Stochastic indicator forming a golden cross in a deeply oversold region. “Therefore, we forecast that IHSG will continue its upward movement today. Our stock picks include BBNI, ASRI, MLPL, and UNVR,” he said.

On the external front, markets responded positively to developments in geopolitics and global monetary policy. The major stock indexes in the United States closed higher, buoyed by news of a ceasefire between Israel and Iran, as well as remarks from Federal Reserve Chairman Jerome Powell.

Fanny Suherman, Head of Retail Research at BNI Sekuritas, added that the current IHSG rally remains aligned with market expectations following eased geopolitical tensions. Nevertheless, she warned that the uptrend may still be short-term and vulnerable to corrections if not supported by continued strength. “The IHSG is currently experiencing a technical rebound as expected, but it remains prone to another correction as long as it doesn’t break above the 7,000 level. It’s advisable to use this momentum for profit-taking if the IHSG continues to rise today,” said Fanny.