Morning Chatter

KBVS MORNING CHATTER
Wednesday, 8 April 2026

Headline News :
•    MDKA - Reserves upgraded
•    PTPP – A IDR3.87 tn in new contracts in 2M26
•    HUMI – A USD5.73 mn purchase of oil and chemical tanker to expand fleet capacity
•    ROTI – Allocates IDR450.0 bn for cash dividend payout
•    DKHH – Net profit grew 111.97% yoy in FY25
•    ERAL – Forming an IDR10.1 bn joint venture to enter the commercial display market
•    SMGR – Targeting 55% domestic market share by 2030 to reclaim industry dominance
•    ARNA – Net profit declined by 5.98% yoy in FY25

Market Commentary :
U.S. stocks ended mixed on Tuesday (Dow -0.8%, S&P +0.08%, Nasdaq +0.1%) amid signs of progress in negotiations as the minutes ticked down to President Donald Trump's deadline for Iran to open the Strait of Hormuz. In rates and FX, the U.S. 10-year Treasury yield fell -4.6bps (-1.06%) to 4.298%, and the U.S. Dollar Index to 99.67 (-0.32%).
Commodities moved mostly weaker: CPO -0.96% to MYR4,766/ton and Brent oil -3.75% to USD105.65/bbl, Meanwhile, Coal +0.44% to USD138.5/ton and Gold +1.22% to USD4,705.91/oz. 
Asian markets closed stronger Tuesday (Nikkei +0.03%, Hang Seng closed, Shanghai +0.26%, Kospi +0.82%), after a volatile session, as investors weighed ongoing developments in the Iran war ahead of the approaching U.S. ceasefire deadline. The JCI closed lower by -0.26% to 6,971, after moving sideways, with foreign net sell of IDR1.7 tn, mainly from BMRI, BBRI, and ANTM, while inflows were recorded in BRMS, ADMR, and ADRO. The top laggards were BBRI, ASII, and BMRI, while BYAN, MEGA, and BREN provided some support.
Asian markets opened stronger on Wednesday (Kospi +6.23%, Nikkei +5.29%). We expect the JCI will move up after U.S. President Donald Trump said he had agreed to suspend planned attacks on Iranian infrastructure for two weeks.

Regards,
KBVS Research Team

 

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