Business-27 Index Opens Weaker, While PTBA, MAPI, and BBRI Stocks Continue to Advance
The Business-27 Index opened weaker in today’s trading, Wednesday (3/6/2026). Nevertheless, several stocks, including PTBA, MAPI, and BBRI, remained strong during the morning session.
According to data from the Indonesia Stock Exchange (IDX), the index—a result of the collaboration between the IDX and Harian Bisnis Indonesia—opened 0.50% lower at the 425.48 level. Out of the 2gsub27 constituents, only 4 stocks strengthened, 19 declined, and 4 remained stagnant.
Gains were primarily led by PT Bukit Asam (Persero) Tbk. (PTBA), which rose 1.09% to Rp2,790; PT Mitra Adiperkasa Tbk. (MAPI), up 0.67% to Rp1,495; PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI), up 0.33% to Rp3,050; and PT Bank Mandiri (Persero) Tbk. (BMRI), up 0.24% to Rp4,180.
Conversely, share price declines were experienced by PT Charoen Pokphand Indonesia Tbk. (CPIN), which fell 4.43% to Rp3,880; PT Sumber Alfaria Trijaya Tbk. (AMRT), down 2.90% to Rp1,340; PT Japfa Comfeed Indonesia Tbk. (JPFA), down 1.67% to Rp2,350; and PT Triputra Agro Persada Tbk. (TAPG), down 1.62% to Rp1,515.
Similar performance was seen in PT AKR Corporindo Tbk. (AKRA), which weakened 1.56% to Rp1,260; PT Vale Indonesia Tbk. (INCO), down 1.48% to Rp4,660; PT Telkom Indonesia (Persero) Tbk. (TLKM), down 1.36% to Rp2,910; and PT Kalbe Farma Tbk. (KLBF), down 1.34% to Rp735.
Some stocks that remained stagnant included PT Bank Negara Indonesia (Persero) Tbk. (BBNI), PT Bumi Resources Tbk. (BUMI), and PT Indah Kiat Pulp & Paper Tbk. (INKP).
The Jakarta Composite Index (IHSG) is projected to test the 6,362–6,484 level in today’s trading, Wednesday (3/6/2026). The research team at MNC Sekuritas noted that Tuesday’s IHSG strength was accompanied by the emergence of selling pressure, although not significantly large, resulting in a sideways movement for the index. MNC Sekuritas estimates the current IHSG movement is part of wave [v] of wave A of wave (2). The firm expects the IHSG’s upward area to test 6,362–6,484, with the nearest correction area situated between 5,899 and 6,080. Support levels for the IHSG are currently at 5,996 and 5,899, while resistance levels are positioned at 6,318 and 6,459.