MARKET REVIEW
Wall Street fell Thursday as a tech sell-off, led by Alphabet’s over 4% drop on delayed Gemini 3.5 Pro delivery, overshadowed solid earnings. The S&P 500 lost 0.51%, the Nasdaq dropped 1.47%, and the Dow Jones slipped 0.20%. European shares were mixed, with the FTSE 100 up 0.54% while broader sentiment stayed cautious on the US-Iran conflict.
WTI crude rose above USD 79.62/barrel, up 0.8%, on track for an 11% weekly gain as US-Iran hostilities raised fears of Hormuz supply disruptions. Brent settled at USD 84.23/barrel, down 0.9%. Gold fell 2.1% to USD 3,974.86/oz as the conflict rekindled Fed rate hike bets.
The JCI closed up 1.10% to 6,108.21 on Thursday, led by BBCA, AMMN, and major banks. The rupiah strengthened to IDR 17,985/USD. Foreign investors booked net buys of IDR 283 billion, with BBCA the top pick.
NEWS HIGHLIGHTS
- AMNT – Smelter Start Lifts 2026 Copper Output
- BBTN – 1H26 Net Profit Jumps 40.8% YoY
- BUKA – Fully Utilizes Rp21.325 Trillion IPO Funds
- KIJA – Targets Rp3.75 Trillion Sales, Kendal Key
- MKNT – Jumbo Placement Dilutes Holders 99.46%
- SSIA – Targets 135 Ha Industrial Land Sales
- TCPI – Unit Secures Rp114.2 Billion Vessel Credit
Regards, Aldiracita Research