David Kurniawan, an equity analyst at PT Indo Premier Sekuritas (IPOT), predicts that the Jakarta Composite Index (JCI) will be influenced by two key factors during April 6–10, 2026, namely the Rupiah exchange rate and oil prices.

In his research published on Monday (April 6, 2026), David stated that Indonesia’s economy is currently facing significant pressure due to the combination of rising global oil prices and a sharp depreciation of the Rupiah.

He explained that when crude oil prices remain above US$100 per barrel, the government’s energy subsidy burden within the state budget (APBN) will increase substantially, potentially threatening the safe fiscal deficit threshold.

This pressure is further intensified by the Rupiah’s depreciation, which briefly surpassed Rp17,000 per U.S. dollar, automatically raising the cost of imported raw materials and triggering higher domestic inflation.

David forecasts that the JCI will weaken this week, with support at 6,700 and resistance at 7,250. The decline is driven by negative sentiment stemming from adjustments in high shareholding composition.

He added that this aligns with MSCI’s methodological projections, which had already been anticipated by the market.

Therefore, IPOT recommends three stocks considered attractive for accumulation this week:

1. STAA

• Recommendation: Buy
• Current Price: 1,350
• Entry: 1,350
• Target Price: 1,460 (8.15% upside)
• Stop Loss: 1,295 (4.07% downside)
• Risk to Reward Ratio: 1:2

PT Sumber Tani Agung Resources Tbk (STAA) is expected to benefit from the ongoing discourse surrounding the B50 program, which is seen as a positive catalyst for its performance. Technically, the stock demonstrates strong short-term resilience by consistently staying above the MA5 level. Market optimism is further supported by the MACD indicator, which is beginning to form a bullish crossover pattern, signaling attractive accumulation opportunities for investors targeting growth in the plantation sector.

2. UNVR

• Recommendation: Buy
• Current Price: 1,930
• Entry: 1,930
• Target Price: 2,100 (8.81% upside)
• Stop Loss: 1,845 (4.40% downside)
• Risk to Reward Ratio: 1:2

PT Unilever Indonesia Tbk (UNVR) is showing promising signs of recovery after maintaining resilience at its strong support level. From a technical perspective, the stock’s ability to hold within this critical zone indicates that selling pressure is easing. This optimism is reinforced by the emergence of buying accumulation, as reflected in gradually increasing trading volumes. The return of demand at lower price levels suggests that this consumer goods giant may be building a solid base for a potential rebound phase.

3. JPFA

• Recommendation: Buy
• Current Price: 2,440
• Entry: 2,440
• Target Price: 2,630 (7.79% upside)
• Stop Loss: 2,350 (3.69% downside)
• Risk to Reward Ratio: 1:2.1

PT JAPFA Comfeed Indonesia Tbk (JPFA) is expected to gain positive momentum from the Free Nutritious Meal (MBG) program, which is projected to drive increased consumption of animal protein in Indonesia. Technically, the poultry sector giant shows solid short-term strength by remaining above the MA5 level. This momentum becomes even more attractive as the price is approaching a breakout above the MA50, which, if confirmed, could open the way for further gains toward a more stable bullish trend.