Key Indices


Top Stories
Strategy | Dividend Opportunities: Selectivity And Entry Discipline
- We narrow a 45-stock dividend watchlist to 10 names, assessing yields, cash generation, balance-sheet strength and business risks. Under our coverage, we maintain BUY on ELSA, ASII and AADI. Seven additional names offer income opportunities, although dividend sustainability and trading liquidity require selectivity. Potential MSCI-related selling warrants entry discipline, particularly for large-cap constituents. We favour staged accumulation should valuations become more attractive.
Technical Analysis
United Tractors | UNTR IJ
- Trading Buy Range: We have a technical Buy at Rp21,950, and take profit at Rp23,100.
Vale Indonesia | INCO IJ
- Trading Buy Range: We have a technical Buy at Rp3,525, and take profit at Rp3,850.
Top Stories
Strategy | Dividend Opportunities: Selectivity And Entry Discipline
- We narrow a 45-stock dividend watchlist to 10 names, assessing yields, cash generation, balance-sheet strength and business risks. Under our coverage, we maintain BUY on ELSA, ASII and AADI. Seven additional names offer income opportunities, although dividend sustainability and trading liquidity require selectivity. Potential MSCI-related selling warrants entry discipline, particularly for large-cap constituents. We favour staged accumulation should valuations become more attractive.
Technical Analysis
United Tractors | UNTR IJ
- Trading Buy Range: We have a technical Buy at Rp21,950, and take profit at Rp23,100.
Vale Indonesia | INCO IJ
- Trading Buy Range: We have a technical Buy at Rp3,525, and take profit at Rp3,850.
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.





