{ "success": true, "data": { "id": 2008217, "msgid": "bareksa-analyst-team-stock-recommendations-today-sger-mapi-and-smil-1790664674", "date": "2026-09-29 10:08:59", "title": "Bareksa Analyst Team Stock Recommendations Today: SGER, MAPI & SMIL", "author": " ", "source": "GALERT", "tags": "", "topic": "Finance", "summary": "The Bareksa Analyst Team has identified SGER, MAPI, and SMIL as top stock picks for 29 September 2026, despite the Jakarta Composite Index (IHSG) facing selling pressure. The market remains volatile due to significant foreign net selling and global geopolitical tensions affecting US bond yields.", "content": "

The three selected stocks by the Bareksa Analyst Team today, 29\nSeptember 2026, are SGER, MAPI, and SMIL. Meanwhile, the IHSG is\nexpected to move within the range of 6,029 to 6,254, remaining under\nselling pressure.<\/p>\n

The Indonesian stock exchange fell sharply by 1.51% to the 6,148\nlevel during trading on Monday, 2lar 28 September 2026, pressured by\nforeign investor selling worth Rp1.1 trillion. The technology, raw\nmaterials, and cyclical consumer sectors were the main drags, while the\ntransportation and energy sectors provided slight support. Shares of\nGOTO, AMMN, and BMRI were the largest index detractors, as the Rupiah\nweakened to Rp17,975 per US Dollar.<\/p>\n

Overseas, US stock markets closed lower amid inflation concerns after\nPresident Trump rejected an Iranian proposal regarding the Strait of\nHormuz, which pushed 10-year US Treasury yields to a 19-year high. Asian\nmarkets also moved variably, with the Kospi leading the decline.<\/p>\n

Quoting research from Ciptadana Sekuritas Asia, the IHSG today is\nexpected to move between 6,029 and 6,254, with the index likely to\nremain in negative territory. Significant foreign selling pressure and\nthe weakening Rupiah are prompting increased caution among domestic\nmarket participants.<\/p>\n

Stock Recommendations for Today, 29 September 2026 (Strategy: Quick\nTrade):<\/p>\n

    \n
  1. SGER \u2013 PT Sumber Global Energy Tbk<\/li>\n<\/ol>\n

    Last Price: Rp745<\/p>\n

    Target Price: Rp785\u2013805<\/p>\n

    Stop Loss: Rp685<\/p>\n

    Recommended Buy Price: Rp715\u2013735<\/p>\n

    Priority Entry: Rp715\u2013720<\/p>\n

    Analysis: SGER\u2019s price rose 1.36% to Rp745 on 28 September and\nremains above its moving average, indicating an ongoing uptrend.\nMomentum is beginning to strengthen, suggesting further upside\npotential. The increase over the last month has been very strong,\nreaching 2t5.21%. Prioritise entry at Rp715\u2013720 as the potential profit\nfrom the upper buy range is relatively balanced against the risks, given\nthe significant recent gains.<\/p>\n

      \n
    1. MAPI \u2013 PT Mitra Adiperkasa Tbk<\/li>\n<\/ol>\n

      Last Price: Rp1,550<\/p>\n

      Target Price: Rp1,630\u20131,675<\/p>\n

      Stop Loss: Rp1,470<\/p>\n

      Recommended Buy Price: Rp1,485\u20131,535<\/p>\n

      Analysis: MAPI\u2019s price rose 2.65% to Rp1,550 on 28 September and\nremains above its 20-day and 50-day moving averages, signalling a\ncontinued uptrend. The monthly increase has been strong, reaching\n10.71%. The potential profit from the recommended buy price is\nwell-balanced against the risks.<\/p>\n

        \n
      1. SMIL \u2013 PT Sarana Menara Nusantara Tbk<\/li>\n<\/ol>\n

        Last Price: Rp430<\/p>\n

        Target Price: Rp452\u2013464<\/p>\n

        Stop Loss: Rp416<\/p>\n

        Recommended Buy Price: Rp422\u2013426<\/p>\n

        Analysis: SMIL\u2019s price rose 1.42% to Rp430 on 28 September, currently\nin a consolidation phase around its 20-day moving average, yet remaining\nabove the 50-day average. The monthly increase remains positive at\n4.37%, which is more moderate than the other two stocks. Of the three\nstocks, SMIL offers the most attractive potential profit relative to its\nrisk.<\/p>\n

        Market Highlights:<\/p>\n

        Regarding policy, the Government and the House of Representatives\n(DPR) have agreed to cut the 3kg LPG subsidy in the 2027 Draft State\nBudget (RAPBN), a move seen as able to ease the fiscal burden but with\nthe potential to increase household energy costs. The Ministry of Energy\nand Mineral Resources (ESDM) has also issued new regulations tightening\nthe use of affiliated mining contractors, which may have a slightly\nnegative impact on integrated mining groups but a positive impact on\nindependent contractors.<\/p>\n

        On the corporate side, the Erajaya Group recorded an improvement in\ncomparable store sales in August, with ERAL surging 18.3% year-on-year,\nconfirming the resilience of the group\u2019s portfolio amidst the typically\nsluggish third quarter.<\/p>\n

        Key Risk Factors:<\/p>\n

          \n

        • SGER has risen sharply in the last month: The 25.21% increase in\nSGER over the last 20 days means a short-term correction should be\nanticipated if momentum fails to continue, making entry at the lower end\nof the buy range more critical.<\/p><\/li>\n

        • Significant foreign selling pressure may continue: The Rp1.1\ntrillion net foreign sell yesterday indicates substantial negative\nsentiment towards the domestic market, which could affect stocks outside\nthe primary selling sectors.<\/p><\/li>\n

        • Geopolitical uncertainty adds to global volatility: The rejection\nof the Iranian proposal regarding the Strait of Hormuz and US Treasury\nyields reaching a 19-year high could increase global market volatility,\npotentially impacting domestic market sentiment.<\/p><\/li>\n<\/ul>", "url": "https:\/\/jawawa.id\/newsitem\/bareksa-analyst-team-stock-recommendations-today-sger-mapi-and-smil-1790664674", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }