KSI Lunch Report 24 July 2026
July 24, 2026
Market Review (Session 1)
In session 1, JCI closed down -1.75% to the level of 6,204.63.
Market Prediction (Session 2)
JCI: Index closed negative with bearish candle. JCI is expected to remain volatile with a tendency to weaken.
• ARTO: Price closed at 1,265 (-5.60%) and breakdown support. Prices still have the opportunity to strengthen if the price back to above support level. Beware if the price breaks below the next support at 1,220.
• BTPS: Price closed at 1,010 (-0.98%) and still above the support level. Prices still have the opportunity to strengthen as long as the support level holds. Beware if the price breaks below the support.
• CMRY: Price closed at 4,580 (0.00%) or stagnant and still buying range. Prices still have the opportunity to strengthen to the target. Be careful if the price reverses into a bearish candle or weakening.
• ISAT: Price closed at 1,930 (-0.26%) and still buying range. Prices still have the opportunity to strengthen as long as the support level holds. Beware if the price breaks below the support.
News
• PT. Bukit Asam (Persero) Tbk. (PTBA) recorded positive operational performance in Semester I 2026, achieving a coal production volume of 19.45 million tons and total sales of 21.10 million tons, with export sales rising around 5%, driven by strong fulfillment of domestic market obligations and expanding export markets.
• PT. Petrosea Tbk. (PTRO) has completed its participation in the rights issue of PT. Singaraja Putra Tbk. (SINI) through an investment of around Rp 1.19 trillion on July 23, 2026, obtaining a 19.88% stake in SINI, while also completing the divestment of its 99.99% stake in PT. Kemilau Mulia Sakti (KMS) to SINI.