Bareksa Analyst Team's Stock Recommendations Today: CMRY, AKRA & AADI, JCI Predicted to Weaken

The Jakarta Composite Index (JCI) closed down 0.64% at 6,091 on Wednesday, 29 July 2026, even as foreign investors recorded a significant net buy of Rp8.9 trillion, primarily from the negotiated market, while the regular market saw a net sell of Rp184 billion. The Properties & Real Estate, Industrials, and Transportation & Logistics sectors were the main drags, falling 2.75%, 2.67%, and 1.77% respectively. Only the Technology, Consumer Non-Cyclicals, and Healthcare sectors managed to close in positive territory. BREN, VKTR, and AMMN were the top laggards on the index, while the rupiah strengthened 12 points to Rp18,055 per US dollar. Global markets saw Wall Street post its sharpest decline in weeks after the US Federal Reserve held interest rates steady but delivered a more hawkish message than anticipated. The Dow Jones plunged 2.19% and the Nasdaq fell 1.74%, while oil prices surged sharply due to renewed tensions in the Middle East. Citing research from Ciptadana Sekuritas Asia, the JCI is expected to move in the 5,899 (support) to 6,219 (resistance) range today, with technical indicators still pointing to further weakness. The index remains in a correction phase after failing to sustain a rebound, with the price rejected near the downtrend line and major moving averages. The Bareksa Analyst Team’s stock recommendations for today are: CMRY (PT Cisarua Mountain Dairy Tbk), last price Rp4,680, with a target price of Rp4,920–5,050 and a stop loss at Rp4,540. The buy range is Rp4,590–4,630. CMRY closed up 0.65% and is above its MA20 and MA50, confirming an uptrend with an RSI of 51.52 indicating strengthening buying momentum. AKRA (PT AKR Corporindo Tbk), last price Rp1,465, with a target price of Rp1,540–1,585 and a stop loss at Rp1,380. The buy range is Rp1,395–1,450. AKRA closed up 1.38% and is above its MA20 and MA50, confirming an uptrend with an RSI of 48.06 indicating moderate momentum. AADI (PT Adaro Andalan Indonesia Tbk), last price Rp8,850, with a target price of Rp9,300–9,575 and a stop loss at Rp8,850. The buy range is Rp8,750–8,950. AADI closed up 0.28% and is above its MA20 and MA50, confirming an uptrend with an RSI of 48.06. The price is at a support area with potential for a rebound, though the stop loss being equal to the last price means risk tolerance is very limited. Key risk factors include the JCI’s continued bearish bias, which could pressure individual stocks despite technical rebound signals, and the limited risk tolerance for AADI. Additionally, escalating Middle East tensions are driving up energy prices, potentially affecting market sentiment and issuers exposed to energy and logistics costs.