MARKET REVIEW
The JCI rebounded 1.36% to 6,119, recovering part of last week’s 3.28% slide, as buying broadened across ten of eleven sectors and accelerated after 15:00 WIB. Big banks BBCA, BBRI and BMRI, alongside BYAN, carried most of the gain, while technology was the lone laggard as GOTO fell 3.33% to IDR 29.
Asian markets mostly advanced. Japan’s Nikkei led with a 2.40% gain to 69,947, followed by India’s Sensex (+0.64%) and South Korea’s KOSPI (+0.46%), while Hong Kong’s Hang Seng rose 0.28%. Shenzhen was the exception, slipping 0.23%, and Australia’s ASX 200 was nearly flat.
European markets opened mixed. The STOXX 600 rose 0.37% and Germany’s DAX edged up 0.08%, while the FTSE 100 was flat. France’s CAC 40 underperformed, falling 0.62% at the open.
NEWS HIGHLIGHTS
- BI – KLM Incentive Lifts New Commercial Mortgages
- Danantara – Targets SOE Insurance Merger by Year-End
- Domestic – Middle East Conflict Cuts Fuel Imports
- Commodity Sector – Biodiesel Reference Price Edges Higher
- EMAS – Secures USD 350mn Loan for Pani
- NAYZ – Gets USD 125mn Bangkok Tellink Injection
- PSSI – Adds Six Vessels in Fleet Renewal
- PTBA – Submits 2027 Coal Production Plan
- PTPP – Shares Suspended After Delayed Coupon Payment
- TPIA – Builds Out Three Regional Business Pillars
Regards, Aldiracita Research
