Key Indices


Top Stories
Company Update | Adaro Andalan Indonesia (AADI IJ/BUY/Rp10,625/Target: Rp13,500)
- AADI's 9M26 net profit rose 16.3% yoy to US$683m, and 3Q26 profit fell 36.6% qoq to US$210m, reflecting lower sales volume, a higher stripping ratio, and a one-off tax on the Kestrel disposal. Stronger coal prices could support 4Q26 earnings and Kestrel proceeds imply a potential Rp1,529/share special dividend (15.0% yield) at full payout. Maintain BUY with a target price of Rp13,500.
Technical Analysis
Indofood CBP Sukses Makmur | ICBP IJ
- Trading Buy Range: We have a technical Buy at Rp5,900, and take profit at Rp6,150.
Aneka Tambang | ANTM IJ
- Trading Buy Range: We have a technical Buy at Rp2,570, and take profit at Rp2,800.
Top Stories
Company Update | Adaro Andalan Indonesia (AADI IJ/BUY/Rp10,625/Target: Rp13,500)
- AADI's 9M26 net profit rose 16.3% yoy to US$683m, and 3Q26 profit fell 36.6% qoq to US$210m, reflecting lower sales volume, a higher stripping ratio, and a one-off tax on the Kestrel disposal. Stronger coal prices could support 4Q26 earnings and Kestrel proceeds imply a potential Rp1,529/share special dividend (15.0% yield) at full payout. Maintain BUY with a target price of Rp13,500.
Technical Analysis
Indofood CBP Sukses Makmur | ICBP IJ
- Trading Buy Range: We have a technical Buy at Rp5,900, and take profit at Rp6,150.
Aneka Tambang | ANTM IJ
- Trading Buy Range: We have a technical Buy at Rp2,570, and take profit at Rp2,800.
Key Indices


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