Key Indices


Top Stories
Small/Mid Cap Highlights | Multitrend Indo (BABY IJ/NOT RATED/Rp226)
- BABY is Indonesia’s leading omnichannel baby and kids retailer, operating an asset-light model through exclusive international brand licences, online channels, and B2B distribution. The company has delivered its strongest first-half performance since its 2023 IPO, driven by operating leverage and supply chain efficiencies from its new distribution centre. Looking ahead, the Emway Globalindo acquisition expands BABY’s premium brand portfolio with Hape, Jellycat, and Skip Hop, strengthening its long-term distribution platform.
Technical Analysis
Amman Mineral Internasional | AMMN IJ
- Trading Buy Range: We have a technical Buy at Rp4,450, and take profit at Rp4,800.
Salim Ivomas Pratama | SIMP IJ
- Trading Buy Range: We have a technical Buy at Rp615, and take profit at Rp660.
Top Stories
Small/Mid Cap Highlights | Multitrend Indo (BABY IJ/NOT RATED/Rp226)
- BABY is Indonesia’s leading omnichannel baby and kids retailer, operating an asset-light model through exclusive international brand licences, online channels, and B2B distribution. The company has delivered its strongest first-half performance since its 2023 IPO, driven by operating leverage and supply chain efficiencies from its new distribution centre. Looking ahead, the Emway Globalindo acquisition expands BABY’s premium brand portfolio with Hape, Jellycat, and Skip Hop, strengthening its long-term distribution platform.
Technical Analysis
Amman Mineral Internasional | AMMN IJ
- Trading Buy Range: We have a technical Buy at Rp4,450, and take profit at Rp4,800.
Salim Ivomas Pratama | SIMP IJ
- Trading Buy Range: We have a technical Buy at Rp615, and take profit at Rp660.
Key Indices


IMPORTANT NOTICE - DISCLOSURES AND DISCLAIMERS
This report is provided subject to, and must be read together with, the full Disclosures / Disclaimers available at this link, which are incorporated by reference into this report. In particular, this report is intended for general circulation and informational purposes only and does not constitute personal investment advice or a recommendation to buy or sell any investment product or security. You should independently evaluate the information and, where necessary, seek advice from a qualified financial adviser regarding the suitability of any investment. Analyst certifications required under applicable regulations, including SEC Regulation AC (where relevant), are included in this report. By accessing, receiving or using this report, you acknowledge that you have read, understood and agreed to be bound by the Disclosures / Disclaimers, as may be amended, supplemented or updated from time to time.
Our latest research

21 Aug 2026
AAC Technologies / AIA Group / Alibaba Group / China Overseas Property Holdings / CSPC Pharmaceutical / EVE Energy / Han’s Laser / NetEase

20 Aug 2026

