Kuya Food Express –
JAKARTA — The Indonesian stock market experienced a dynamic week, marked by significant rallies in energy and infrastructure stocks, alongside strong performances from issuers affiliated with the conglomerate group owned by Prajogo Pangestu.
According to weekly trading data from the Indonesia Stock Exchange (IDX), PT Barito Renewables Energy Tbk. (BREN) emerged as the undisputed leader among top gainers. Its shares surged an impressive 34.69%, climbing from IDR 2,450 in the previous week to IDR 3,300 this week, marking an increase of 850 points. This remarkable rally positioned BREN as the stock with the highest weekly gain.
Following BREN’s lead, several other companies demonstrated robust growth. PT Indonesia Prima Property Tbk. (OMRE) secured the second spot, strengthening by 33.33% from IDR 780 to IDR 1,040. Meanwhile, shares of PT Aman Agrindo Tbk. (GULA) climbed 28.54% to reach IDR 545. The positive momentum extended to PT Krida Jaringan Nusantara Tbk. (KJEN), which appreciated by 28.48% to IDR 212, and PT Allo Bank Indonesia Tbk. (BBHI), gaining 26.75% from IDR 785 to IDR 995. Further solid performances were seen from PT Petrosea Tbk. (PTRO), which jumped 24.53% to IDR 4,670, and PT Petrindo Jaya Kreasi Tbk. (CUAN), rising 22.33% to IDR 630. Rounding out the top performers were PT Fortune Indonesia Tbk. (FORU), up 21.95% to IDR 1,500, PT Raharja Energi Cepu Tbk. (RATU), increasing 21.00% to IDR 5,300, and PT Barito Pacific Tbk. (BRPT), which strengthened by 20.87% to IDR 1,940.
Despite the strong individual stock rallies, the overall Jakarta Composite Index (IHSG) experienced a weekly decline, weakening by 0.56% to close at 6,127.381, down from 6,162.045 the previous week. This downturn was accompanied by a shift in market activity. The average daily transaction frequency saw a decrease of 10.87%, falling to 2.11 million transactions from 2.37 million last week. Similarly, the average daily transaction volume on the IDX also declined by 15.60%, settling at 30.95 billion shares compared to 36.67 billion shares in the preceding week. Foreign investors concluded the trading week with a substantial net sell of IDR 8.519 trillion, contributing to a year-to-date net sell of IDR 53.971 trillion throughout 2026.
Weekly Top Gainers:
- PT Barito Renewables Energy Tbk. (BREN), +34.69%, IDR 3,300
- PT Indonesia Prima Property Tbk. (OMRE), +33.33%, IDR 1,040
- PT Aman Agrindo Tbk. (GULA), +28.54%, IDR 545
- PT Krida Jaringan Nusantara Tbk. (KJEN), +28.48%, IDR 212
- PT Allo Bank Indonesia Tbk. (BBHI), +26.75%, IDR 995
- PT Petrosea Tbk. (PTRO), +24.53%, IDR 4,670
- PT Petrindo Jaya Kreasi Tbk. (CUAN), +22.33%, IDR 630
- PT Fortune Indonesia Tbk. (FORU), +21.95%, IDR 1,500
- PT Raharja Energi Cepu Tbk. (RATU), +21.00%, IDR 5,300
- PT Barito Pacific Tbk. (BRPT), +20.87%, IDR 1,940
Summary
The Indonesian stock market saw notable gains for companies affiliated with Prajogo Pangestu, led by PT Barito Renewables Energy Tbk. (BREN), which surged 34.69% to emerge as the top weekly performer. Other significant gainers included PT Indonesia Prima Property Tbk. (OMRE) and PT Aman Agrindo Tbk. (GULA), which also recorded substantial growth during the trading period.
Despite these individual stock rallies, the Jakarta Composite Index (IHSG) declined by 0.56% for the week. Market activity cooled as both daily transaction frequency and volume dropped, while foreign investors recorded a significant net sell of IDR 8.519 trillion.