Key Indices


Top Stories
Company Update | AKR Corporindo (AKRA IJ/BUY/Rp1,490/Target: Rp1,600)
- AKRA’s 2026 earnings could exceed the upper end of its Rp2.6t-2.9t guidance, supported by stronger trading and distribution, 100ha land sales and rising utilities income. Our forecasts remain more conservative on trading and distribution margins, land sales timing and utilities ramp-up. Meanwhile, potential land conversion extends JIIPE’s development runway, while rising electricity demand increases the importance of its planned power infrastructure. Maintain BUY with a Rp1,600 target price, supported by a 7.6% dividend yield and upside risk to our estimates.
Technical Analysis
Aneka Tambang | ANTM IJ
- Trading Buy Range: We have a technical Buy at Rp3,250, and take profit at Rp3,450.
Japfa Comfeed Indonesia | JPFA IJ
- Trading Buy Range: We have a technical Buy at Rp2,260, and take profit at Rp2,450.
Top Stories
Company Update | AKR Corporindo (AKRA IJ/BUY/Rp1,490/Target: Rp1,600)
- AKRA’s 2026 earnings could exceed the upper end of its Rp2.6t-2.9t guidance, supported by stronger trading and distribution, 100ha land sales and rising utilities income. Our forecasts remain more conservative on trading and distribution margins, land sales timing and utilities ramp-up. Meanwhile, potential land conversion extends JIIPE’s development runway, while rising electricity demand increases the importance of its planned power infrastructure. Maintain BUY with a Rp1,600 target price, supported by a 7.6% dividend yield and upside risk to our estimates.
Technical Analysis
Aneka Tambang | ANTM IJ
- Trading Buy Range: We have a technical Buy at Rp3,250, and take profit at Rp3,450.
Japfa Comfeed Indonesia | JPFA IJ
- Trading Buy Range: We have a technical Buy at Rp2,260, and take profit at Rp2,450.
Key Indices


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