Broker Name: OCBC Sekuritas
Date of Report: 21 October 2025
Excerpt from OCBC Sekuritas report.
- The Jakarta Composite Index (JCI) closed higher at 8,089 (+2.2%), with financial, transportation, and energy sectors leading gains while basic materials and healthcare lagged.
- Indonesia’s national economic growth reached 5.12%, but mining regions like Central Papua and NTB recorded negative growth due to halted exports from delays in smelter construction.
- PT Barito Renewables Energy (BREN) resumed exploration at Hamiding geothermal site, targeting a 300 MW capacity, and aims for 1.9 GW installed capacity by 2030.
- PT Semen Indonesia (SMGR) allocated IDR 5.23 billion to pay interest on its 2022 bonds, with strong liquidity and current assets growth reported for H1 2025.
- Technical analysis views the JCI as bearish with potential correction, while specific stocks (AADI, ANTM, BFIN, ERAA, INDF) are recommended for selective buying or technical rebound.
- Global markets tracked Wall Street gains, with notable rallies in Japan, Australia, and South Korea, while Indian markets were closed for a holiday.
Report Summary
- Indonesia’s stock market rose, driven by financial and energy shares, but mining regions suffered from export disruptions impacting local economic growth.
- Key companies made strategic moves: BREN expanded geothermal operations and SMGR strengthened its bond interest payments, supporting positive sector outlooks.
Above is an excerpt from a report by OCBC Sekuritas. Clients of OCBC Sekuritas can be the first to access the full report from the OCBC Sekuritas website: https://www.ocbcsekuritas.com/
