Morning Chatter

KBVS MORNING CHATTER
Tuesday, 24 February 2026

Headline News :
•    BMRI - Records profit of IDR4.65 tn as of Jan26, up 16.18% yoy
•    Banking - Purbaya extends IDR200 tn fund placement in Himbara Until Sept26
•    MDLA - A new strategic partnership to cater pet food business 
•    DVLA – 2026 Target
•    SMGR – Accelerating post-disaster housing projects
•    WOMF – To issue bonds worth IDR1.5 tn
•    AMRT - Relies on brand strength amid government's Kopdes Merah Putih expansion

Market Commentary :
Wall Street took a hit as equities tumbled. The sell-off was fueled by two main concerns: the disruptive impact of AI on traditional industries and President Donald Trump’s latest move to hike global tariffs from 10% to 15%. European indices followed suit, ending the day in the red as traders scrambled to price in the implications of a more protectionist U.S. trade stance.
Energy prices remained remarkably flat. Bullion surged to a three-week high as the "uncertainty premium" returned to the floor. The Dollar softened across the board.
Performance was a mixed bag across the region. While some markets struggled with the tariff news, others remained quiet as major hubs in China and Japan were closed for public holidays. Bucking the global trend, the domestic market showed impressive resilience. The Jakarta Composite Index (JCI) surged by 124.32 points (+1.50%), ending the session at a strong 8,396.08.

Regards, 
KBVS Research Team

 

Please click download button below for full report.

Download