19.01.202604:21:42UTC+00Indonesia Shares Subdued to Start the Week

Indonesian stocks showed little movement by midday on Monday, maintaining a level around 9,080 after experiencing gains over the previous three sessions. The markets retreated from last week's record high as traders opted to secure their profits. Meanwhile, signals from domestic demand remained mixed. Retail activity showed improvement as the year drew to a close, yet consumer sentiment remained cautious, with the auto and property sectors continuing to exhibit weak underlying demand.

Turning to international influences, China, Indonesia's leading trade partner, saw its economy grow by 5% in 2025, aligning with the growth rate from 2024 and meeting Beijing's targets. Nonetheless, the growth in the fourth quarter slowed to a three-year low due to soft demand. Gains in sectors such as property, cyclical, and non-cyclical stocks were nearly balanced by weaknesses observed in healthcare, basic materials, and transport.

Among key market players, Astra International saw an increase of 5.0%, Bank Mandiri rose by 2.2%, and Pantai Indah Kapuk Dua surged by 7.0%. On the downside, Amman Mineral International experienced a decline of 5.9%, Telkom Indonesia fell by 4.1%, and Barito Renewables Energy slipped by 2.1%.