Daily Market Wrap: The Bull is Back in Town
11 August 2025

What a day for the Indonesian stock market! The $IHSG came roaring back, jumping 0.96% to close at 7,605.92. It was a proper rally, with almost every sector flashing green, showing some serious buying power across the board. The total value of trades for the day was a hefty Rp 15.63 trillion, what a fantastic value.

Leading the charge was Barito Renewables Energy ( $BREN ), which absolutely soared, up over 10% to hit Rp 8,750 per share. This stock alone contributed a ton of points to the index, proving that investors are really keen on renewable energy right now. It makes sense, with everyone talking about ESG and Indonesia's move toward a greener future.

The big banks were also key players. Giants like BBCA, BBRI, BMRI, and BBNI all had a great day, lifting the entire financial sector. It's a reminder that Indonesia's banking system is still rock-solid and a huge part of the market's backbone.

On the corporate front, there was interesting news from AKR Corporindo ($AKRA). They've already spent Rp 609 billion on capital projects this year, halfway to their full-year goal of Rp 1.2 trillion. The company is feeling confident, aiming for a 10%-17% jump in profit. This is likely fueled by their big industrial estate project, which is seeing more and more tenants move in and start operations, bringing in good revenue. It's a smart long-term move that aligns with the government's push for local industries.

Looking ahead, analysts are a bit cautious but still optimistic. They see the IHSG possibly consolidating a bit, with some investors taking profits. The key levels to watch are 7,430-7,470 for support and 7,600-7,650 for resistance. While global events can always throw a curveball, Indonesia's strong economy and stable political scene are providing a great foundation.

In a nutshell, today was a powerful day for the market, driven by a few major players in renewables and banking. It seems domestic strength is the name of the game right now, and that's a good sign for things to come.

Disclaimer: This article is for sharing insights and general market commentary only. It is not an invitation to sell or buy shares, nor does it constitute investment advice. You should conduct your own research before making any investment decisions.