CYBR Shares Surge to Record High Following Major Kemhan Contract

Significant Price Movement

PT Itsec Asia Tbk (CYBR) shares achieved a historic milestone by reaching Rp1,845 per share on January 2, 2026, marking a 2.79% increase from the previous day. This latest surge contributes to the stock's impressive 354.43% year-to-date gain and 26.37% monthly increase as per Bloomberg data.

Contract Details and Market Impact

The substantial price movement follows CYBR's announcement of securing a material contract worth Rp1 trillion from the Ministry of Defense (Kemhan). According to the company's disclosure to the Indonesia Stock Exchange (BEI) on January 2, 2026, this contract is considered significant and potentially impactful on the company's valuation and investment decisions. CYBR Director, Doni Mora, provided the official statement regarding the contract's importance.

Market Context and Performance

CYBR's stock has demonstrated exceptional performance since its listing on August 8, 2023. The recent price surge has naturally drawn attention from the Indonesia Stock Exchange, highlighting the market's sensitivity to significant corporate announcements. The company's ability to secure major government contracts appears to be a key driver of investor confidence and market valuation.