Indonesian Stock Market Sees Marginal Gains Amid Mixed Sector Performance

Market Overview

The Indonesian Composite Index (IHSG) closed 0.13% higher at 8,944.81 on January 7, 2026. The market showed selective movement, with commodity stocks being the main drivers. Notable gains were seen in DSSA (+5.12%), ANTM (+11.59%), and AMMN (+2.90%), while BRMS (-4.28%), COIN (-11.31%), and BRPT (-3.17%) experienced declines.

Sectoral Performance

Market movement was uneven across sectors, with only five out of eleven sectors closing in positive territory. The industrial sector led gains with a 2.40% increase, while the transportation sector recorded a 1.83% decline.

Foreign Investor Activity

Foreign investors maintained their buying momentum, recording a net buy of Rp201.16 billion across all markets. In the regular market, their net buy position was Rp229.83 billion.

Corporate Updates

Unilever Indonesia (UNVR) Divests Sariwangi Tea Business

PT Unilever Indonesia Tbk (UNVR) announced the divestment of its Sariwangi tea business to Savoria Kreasi Rasa, an affiliate of Djarum Group, for Rp1.50 trillion. The transaction, expected to be completed by early March, represents about 45% of UNVR's equity based on the nine-month 2025 financial report. Management noted that Sariwangi's contribution to revenue, net profit, and assets was relatively small.

Darma Henwa (DEWA) Completes Partial Share Buyback

PT Darma Henwa Tbk (DEWA) has completed a partial buyback of 790.69 million shares worth Rp429.99 billion, representing 45.20% of the total Rp950 billion allocation. The buyback was executed at prices ranging from Rp430 to Rp645 per share, reducing the company's outstanding shares by about 1.94% to 39.90 billion shares.

Investment Recommendations

Several stocks were recommended for trading:

• AADI: Buy at 7275-7350, Target Price 7450-7600, Stop Loss 6950
• GGRM: Buy at 14800-14900, Target Price 15250-15675, Stop Loss 14050
• KRAS: Buy at 340-346, Target Price 354-362, Stop Loss 320
• AUTO: Buy at 2730-2760, Target Price 2800-2890, Stop Loss 2580
• UNIQ: Buy at 324-328, Target Price 334-342, Stop Loss 304

Disclaimer: Investment recommendations are for informational purposes only and not a solicitation to buy or sell specific stocks. Investment decisions remain with individual investors based on their risk profile and financial objectives.