KSI Lunch Report 16 July 2026
July 16, 2026
Market Review (Session 1)
In session 1, JCI closed up +0.37% to the level of 6,064.46.
Market Prediction (Session 2)
JCI: Index closed positive with bullish candle. JCI is expected to remain volatile and maintain its strengthening.
• MBMA: Price closed at 525 (+0.96%) and still positive. Prices still have the opportunity to strengthen to the target. Be careful if the price reverses into a bearish candle or weakening.
• MIKA: Price closed at 1,755 (+0.86%) and highest at 1,780 (+2.30%). Prices still have the opportunity to strengthen to the target. Be careful if the price reverses into a bearish candle or weakening.
• PWON: Price closed at 264 (+1.54%) and still bullish. Prices still have the opportunity to strengthen to the target. Be careful if the price reverses into a bearish candle or weakening.
• TINS: Price closed at 3,630 (+3.71%) and highest at 3,650 (+4.29%). Prices still have the opportunity to strengthen to the target. Be careful if the price reverses into a bearish candle or weakening.
News
• PT. Sinar Mas Multiartha Tbk. (SMMA) announced its AGMS results, deciding to allocate all 2025 net profit as retained earnings instead of distributing cash dividends, while also approving the 2025 financial reports, remuneration authority, the 2026 auditor appointment, and the bond proceeds realization report.
• PT. Sinar Eka Selaras Tbk. (ERAL) or Erajaya Active Lifestyle has officially formed a strategic partnership with Levi's to manage 21 Original Levi's Stores in Indonesia, aiming to strengthen the company's fashion and lifestyle business portfolio while expanding Levi's market reach through an integrated omnichannel retail experience.