SINI Shares Maintain Momentum While CUAN Experiences Early 2026 Decline

Strong Start to 2026 for SINI

PT Singaraja Putra Tbk (SINI) began 2026 with a significant stock price increase, rising 4.14% to Rp 15,100 on January 2, 2026. This performance continues the company's impressive 202% stock price growth recorded in 2025. The positive momentum indicates sustained investor confidence in the company despite market fluctuations.

Contrasting Performance with CUAN

In contrast, PT Petrindo Jaya Kreasi Tbk (CUAN) experienced a 2.14% decline to Rp 2,290 at the start of 2026. This decrease is notable as CUAN had achieved a substantial 90.83% increase in its stock price throughout 2025. The divergence in their early 2026 performance suggests different market perceptions of their prospects.

Market Implications

The differing performances of SINI and CUAN highlight the nuanced dynamics within the Indonesian stock market. While SINI's continued rise may indicate strong investor confidence and positive market sentiment towards the company, CUAN's decline could signal potential concerns or profit-taking activities among investors.