MARKET REVIEW
Wall Street ended lower on Friday as investors weighed persistent inflation and interest-rate uncertainty. The S&P 500 fell 0.25%, Nasdaq declined 0.52%, and Dow Jones edged down 0.02%. In Europe, EuroStoxx 50 gained 0.95% and FTSE 100 rose 0.29%, while Asian markets were mixed.
Oil jumped at the week’s open after the US struck Iranian rocket launchers, highlighting renewed Strait of Hormuz supply risks. Brent November rose 2.7% to USD 90.46/barrel and WTI October gained 2.5% to USD 85.51/barrel. Gold traded at USD 4,469.80/oz, down 0.6% on the day but still supported by renewed demand for hard assets amid dollar and fiscal concerns.
The JCI closed down 0.06% at 6,518, with BBCA, BBRI, MORA and VKTR among the main positive contributors. The rupiah strengthened to IDR 17,692/USD, while foreign investors recorded net sells of IDR 442.38bn. Trading value totalled IDR 14.35tn.
NEWS HIGHLIGHTS
- RMKO – Plans Capital-Structure Rights Issue
- TOWR – Management Executes IDR 50.1bn MESOP
- WIKA – 1H26 Loss Narrows to IDR 1.48tn
- KOTA – Proposes 100bn-Share Rights Issue
- BACH – 1H26 Net Profit Rises 25%
- ADMR – 1H26 Net Profit Grows 24%
- AADI – 1H26 Profit Rises 10.5%
- ANTM – 1H26 Profit Reaches IDR 6.91tn
- TOBA – Cuts 1H26 Loss as Non-Coal Leads
- SMGR – Targets 3m-Housing Programme
- ISAT – Launches 86,000km RAIA Grid
Regards, Aldiracita Research
