Research

Market Indonesia | IHSG Indeks Menguat, Didukung Status FTSE IHSG ditutup naik 4.42% ke level 7,279 pada perdagangan Rabu (08/04). Sentimen positif datang dari keputusan FTSE Russell yang mempertahankan status Indonesia sebagai Secondary Emerging Market. Penguatan IHSG didorong oleh saham BBCA, AMMN, dan BBRI. Value transaksi tercatat sebesar Rp22.86 triliun, lebih tinggi dibandingkan hari sebelumnya […]

Indonesian government bond yields moved mixed with a flattening bias, as the 5Y rose 1.9 bps to 6.46% while the 10Y fell 7.6 bps to 6.60%, compressing the 5Y–10Y spread, while sukuk yields were also mixed and the INDOBeX Composite rose slightly. On the macro side, global tensions escalated following an attack in Kuwait City targeting Kuwait Petroleum Corporation, while domestically Danantara advanced its plan to consolidate asset management units of state-owned banks. In the US, labor data showed strong payroll growth and a slight decline in unemployment, though participation weakened. On the credit side, PT Sarana Multigriya Finansial (Persero)’s 2026 bond maturities remain manageable, supported by solid liquidity.

Market Indonesia | IHSG Indeks Kembali Ditutup Melemah IHSG ditutup turun 0.26% ke level 6,971 pada perdagangan Selasa (07/04). Pergerakan indeks cenderung volatile, sempat ke level tertinggi 7,022 dan juga sempat menyentuh level terendah 6,943. Pelemahan IHSG dibebani oleh saham BBRI, ASII, dan BMRI. Value transaksi tercatat sebesar Rp13.49 triliun, lebih rendah dibandingkan hari sebelumnya […]

Indonesian government bond yields moved mixed with a flattening bias, as the 5Y rose 1.9 bps to 6.46% while the 10Y fell 7.6 bps to 6.60%, compressing the 5Y–10Y spread, while sukuk yields were also mixed and the INDOBeX Composite rose slightly. On the macro side, global tensions escalated following an attack in Kuwait City targeting Kuwait Petroleum Corporation, while domestically Danantara advanced its plan to consolidate asset management units of state-owned banks. In the US, labor data showed strong payroll growth and a slight decline in unemployment, though participation weakened. On the credit side, PT Sarana Multigriya Finansial (Persero)’s 2026 bond maturities remain manageable, supported by solid liquidity.

Market Indonesia | IHSG Indeks Melemah di Awal Pekan IHSG ditutup melemah 0.53% ke level 6,989 pada perdagangan Jumat (06/04). Implementasi High Shareholding Concentration (HSC) oleh OJK dapat menyebabkan tekanan jual dalam jangka pendek. Pelemahan IHSG dibebani oleh saham DSSA, BREN, dan BYAN. Value transaksi tercatat sebesar Rp15.25 triliun, lebih tinggi dibandingkan hari sebelumnya sebesar […]

PT Oki Pulp & Paper Mills “OPPM” OPPM maintains a strong position in the pulp and tissue industry, supported by its strategic role within APP Group, where it contributes around 30% of the group’s annual pulp production capacity. The company’s market standing is expected to strengthen further with the development of a new three-million-ton pulp mill […]

Indonesian government bond yields moved mixed with a flattening bias, as the 5Y rose 1.9 bps to 6.46% while the 10Y fell 7.6 bps to 6.60%, compressing the 5Y–10Y spread, while sukuk yields were also mixed and the INDOBeX Composite rose slightly. On the macro side, global tensions escalated following an attack in Kuwait City targeting Kuwait Petroleum Corporation, while domestically Danantara advanced its plan to consolidate asset management units of state-owned banks. In the US, labor data showed strong payroll growth and a slight decline in unemployment, though participation weakened. On the credit side, PT Sarana Multigriya Finansial (Persero)’s 2026 bond maturities remain manageable, supported by solid liquidity.

Market Indonesia | IHSG Indeks Melemah DI Akhir Pekan IHSG ditutup melemah 2.19% ke level 7,026 pada perdagangan Kamis (02/04). Indeks melemah seiring tekanan dari sentimen global setelah pernyataan Donald Trump yang membuka peluang eskalasi lanjutan. Pelemahan IHSG dibebani oleh saham BREN, AMMN, dan BYAN. Value transaksi tercatat sebesar Rp12.6 triliun, lebih rendah dibandingkan hari […]

In March 2026, global markets were shaped by escalating tensions in the Middle East, particularly in the Persian Gulf, which heightened uncertainty and increased demand for safe-haven assets. As a result, the 10-year U.S. Treasury yield declined to around 4.3% from its recent peak of 4.44%, despite relatively stable inflation, with headline CPI at 2.4% […]

Indonesian government bond yields declined across the curve, with the 5Y falling 9.9 bps to 6.44% and the 10Y dropping 17.8 bps to 6.68%, resulting in a flatter 5Y–10Y curve, while longer tenors also saw notable compression. Meanwhile, government sukuk yields moved lower in line with the rally, and the INDOBEX Composite rose 0.53% to 343.97. On the macro side, inflation eased to 3.48% YoY in March with core at 2.52% YoY, while the trade surplus narrowed to USD1.28bn as imports outpaced exports and the PMI edged down to 50.1, signaling softer momentum. On the credit side, BSN maintained an idAA+ rating with a stable outlook supported by strong fundamentals, while SMF’s upcoming bond maturity remains manageable given solid liquidity.