Regular Report
12 August 2026
DAILY REPORT | 12 AUG 2026
The IHSG closed down -1.53% at 6,267.88 on Tuesday. Market pressure increased as investors adopte...
4 August 2026
Daily Report | 4 Aug 2026
The IDX Composite (IHSG) closed relatively flat on Monday, declining 0.03% to 6,234.50. Market se...
3 August 2026
Daily Report | 3 Aug 2026
The JCI closed 0.80% higher at 6,236.13 on Friday. Market sentiment continued to improve as selli...
31 July 2026
Daily Report | 31 July 2026
The JCI closed Thursday’s trading session higher by +1.56% at 6,186.36. Market sentiment began to...
Company Report
19 August 2026
XA Update Report | PT Kalbe Farma Tbk. (KLBF) &...
KLBF's 1H26 revenue grew +14% YoY to IDR 19.5 trillion, in line with our estimates and representi...
14 August 2026
XA Update Report | PT Industri Jamu Dan Farmasi...
1H26 revenue declined -20% YoY to IDR 1.47 tn (40% of our new FY26F estimates), missing our prior...
13 August 2026
XA Update Report | PT Bank Negara Indonesia Tbk...
BBNI recorded 1H26 net profit of IDR 10.76T (+6.6% YoY), with 2Q26 net profit reaching IDR 5.10T ...
12 August 2026
XA Update Report | PT Telekomunikasi Indonesia ...
TLKM delivered a solid 2Q26 performance, with revenue growing +6.4% YoY and +4.0% QoQ to IDR 38.6...
News
6 February 2026
XA Market Update | Indonesia 10-Year Bonds (SU...
XA Market Update | Indonesia 10-Year Bonds (SUN 10-Years) — Darkest Before Dawn By Ezarid...
2 February 2026
XA Market Report | Jakarta Composite Index (JCI...
XA Market Report | Jakarta Composite Index (JCI) — The Great Capital Market Reset And The Fallout...
Special Report
18 May 2026
XA Update Report | PT Bank Mandiri Tbk. (BMRI) ...
Bank Mandiri recorded a strong performance in 1Q26, posting net profit of IDR 15.4T (+16.6% YoY),...
13 May 2026
XA Update Report | PT Industri Jamu Dan Farmasi...
1Q26 revenue declined -19% YoY (-53% QoQ) to IDR 640 bn (15% of our FY26F estimates), driven by c...
13 May 2026
XA Update Report | PT Samudera Indonesia Tbk. (...
We maintain our BUY rating on SMDR with an upgraded TP of IDR 500 because of the geopolitical unc...
11 May 2026
XA Update Report | Petrosea Tbk. (PTRO) –...
PTRO reported strong financial figures across the board in 3M26, with revenue jumping 84% YoY to ...
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