Key Indices


Top Stories
Strategy | MSCI Standalone Market Overhang, Follow The Dividends
- MSCI’s proposed Standalone Market reclassification triggered a sharp sell-off. Feedback will close on 30 Apr 27, with a decision by 30 Jun 27. OJK’s sanctions mark progress, but MSCI remains concerned that coordinated trading could resume once the freeze on index-related changes is lifted. Should MSCI-related selling drive valuations lower, we would look to accumulate dividend plays with solid balance sheets, such as ACES, AKRA, KLBF, ELSA and ITMG, with BBCA, BBNI, ASII and TLKM also on our watchlist.
Technical Analysis
GoTo Gojek Tokopedia | GOTO IJ
- Trading Buy Range: We have a technical Buy at Rp24, and take profit at Rp28.
Indofood Sukses Makmur | INDF IJ
- Trading Buy Range: We have a technical Buy at Rp6,600, and take profit at Rp7,000.
Top Stories
Strategy | MSCI Standalone Market Overhang, Follow The Dividends
- MSCI’s proposed Standalone Market reclassification triggered a sharp sell-off. Feedback will close on 30 Apr 27, with a decision by 30 Jun 27. OJK’s sanctions mark progress, but MSCI remains concerned that coordinated trading could resume once the freeze on index-related changes is lifted. Should MSCI-related selling drive valuations lower, we would look to accumulate dividend plays with solid balance sheets, such as ACES, AKRA, KLBF, ELSA and ITMG, with BBCA, BBNI, ASII and TLKM also on our watchlist.
Technical Analysis
GoTo Gojek Tokopedia | GOTO IJ
- Trading Buy Range: We have a technical Buy at Rp24, and take profit at Rp28.
Indofood Sukses Makmur | INDF IJ
- Trading Buy Range: We have a technical Buy at Rp6,600, and take profit at Rp7,000.
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.



