SEAToday.com, Jakarta - The Jakarta Composite Index (IHSG) of the Indonesia Stock Exchange (IDX) is expected to move variably on Friday, influenced by both domestic and global factors. 

At the market opening, the IHSG strengthened by 29.40 points (0.44%), reaching 6,642.97. Meanwhile, the LQ45 Index, which tracks 45 leading stocks, rose by 5.39 points (0.70%) to 775.12.

"IHSG is expected to move within the range of 6,550 to 6,670 today," said Ajaib Sekuritas financial expert, Ratih Mustikoningsih, as quoted by Antara in Jakarta on Friday.

On the domestic market, the IHSG has the potential to rebound shortly due to the anticipation ahead of upcoming Annual General Meetings of Shareholders (RUPS) and dividend distribution season. Investors are expected to take advantage of this opportunity to buy on weakness, particularly in large-cap banking stocks.  

On the global market, crude oil prices declined for a second consecutive day, reaching $71.3 per barrel on Thursday (02/13). The drop was influenced by geopolitical tensions, as President Trump and President Putin signaled a possible resolution to the Russia-Ukraine conflict.

Meanwhile, U.S. stock markets (Wall Street) surged, following a decline in the 10-year U.S. Treasury yield. The positive sentiment was further fueled by gains in technology stocks, with NVIDIA (NVDA) rising 3.2% and Apple (AAPL) up 2%.  

As of this morning, major Asian stock markets showed a downward trend. Nikkei fell 189.20 points (0.48%) to 39,272.27. Shanghai Composite Index dropped 4.73 points (0.14%) to 3,327.75. Kuala Lumpur Composite Index slipped 0.73 points (0.05%) to 1,591.55. Straits Times Index declined 9.89 points (0.25%) to 3,872.69.

Writer:  Andi Raisa Malaha Thambas