KSI Lunch Report 29 October 2026
October 29, 2026
Market Review (Session 1)
In session 1, JCI closed down -2.64% to the level of 5,142.82.
Market Prediction (Session 2)
JCI: Index closed negative with bearish candle. JCI is expected to remain volatile with a tendency to weaken.
• BBRI: Price closed at 2,860 (-2.05%) and still support range. Prices still have the opportunity to strengthen as long as the support level holds. Beware if the price breaks below the support.
• JPFA: Price closed at 1,760 (-2.76%) and still support range. Prices still have the opportunity to strengthen as long as the support level holds. Beware if the price breaks below the support.
• MDKA: Price closed at 1,940 (-5.37%) and highest at 2,110 (+2.93%). Prices still have the opportunity to strengthen as long as the support level holds. Beware if the price breaks below the support.
• TOBA: Price closed at 432 (-4.85%) and highest at 498 (+9.69%). Prices still have the opportunity to strengthen as long as the support level holds. Beware if the price breaks below the support.
News
• PT. Merdeka Gold Resources Tbk. (EMAS) has approved a US$11.4 million exploration budget for 2027 to conduct 50,000 meters of drilling at the Pani Gold Mine in Gorontalo following positive drilling results across Pani Deep, Pani Gap Area, and Kolokoa to expand mineral resources and test mineralization extensions.
• Four subsidiaries of PT. Sarana Menara Nusantara Tbk. (TOWR) namely Protelindo, IBST, SUPR, and Iforte have signed a credit facility extension agreement worth Rp2 trillion with PT. Bank CIMB Niaga Tbk. (BNGA), extending the loan tenor until October 31, 2027, as part of efforts to maintain infrastructure reliability and digital connectivity.