Facing Market Pressure, Investors Should Select Attractive and Well-Performing Stocks
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In the midst of market pressures as the Composite Stock Price Index (IHSG) weakens and the majority of industrial sectors move downwards, investors need to select stocks that are considered attractive and have good performance. “In conditions like this, investors choose attractive stocks. One of them is KRAS,” said Riska in Jakarta today.
She exemplified that at the close of trading on 2 April, shares of PT Krakatau Steel (Persero) Tbk actually recorded a strengthening.
Riska agrees that the strengthening of KRAS shares is indeed attractive. Considering that the current IHSG weakening is widespread and influenced by global sentiments. Not only geopolitical uncertainty, soaring crude oil prices, and the continued weakening of the Rupiah. Even, according to Riska, the IHSG weakening is also marked by a decline in LQ45 stocks.
“I see it’s more complex. Even blue-chip stocks are being sold, this creates significant concern. So, panic selling among investors,” explained Riska.
That is why Riska agrees that the movement of KRAS shows a different dynamic. Especially since industrial sector stocks also experienced a 2.23% decline at the close of trading last week.
Riska agrees that the strengthening of KRAS shares reflects more selective buying interest from investors, who are beginning to see medium- to long-term potential from the ongoing transformation process within the company.
Even, said Riska, in a defensive market situation, stocks with turnaround story characteristics like KRAS often become alternatives for investors seeking opportunities outside the general market movement.
“The rise in KRAS is indeed influenced by internal company factors, which are fundamental. Moreover, now KRAS is improving, which can be seen from the 2025 profit that rose significantly. From a loss of Rp2.8 trillion in 2024, it turned into a profit of Rp5.7 trillion in 2025,” she said.
Furthermore, continued Riska, that profit was obtained through operational performance. “KRAS is also undergoing transformation and restructuring. Now it has become healthier and efficiency has also increased. That’s why this is actually more about investors starting to trust KRAS shares again,” she explained.
Including among them, the transformation strategy of Krakatau Steel titled KS Reborn. KS Reborn is the company’s visionary step to convert global volatility dynamics and technological disruption into sustainable growth opportunities. “KRAS management also said this is a momentum for revival,” added Riska.
From a technical perspective, Riska also said that the movement of KRAS which continues to strengthen amid market pressure indicates the beginning of an accumulation phase. Stocks that can withstand and even strengthen when the market weakens generally reflect investor confidence in the company’s prospects.
Regarding the positive performance of KRAS, it was previously conveyed by the President Director of PT Krakatau Steel (Persero) Tbk, Akbar Djohan.
Akbar stated that the company successfully achieved an impressive financial turnaround in the 2025 fiscal year. This is marked, among others, by a net profit of US$339.64 million (equivalent to Rp5.68 trillion).
“We are very grateful for this achievement as a form of trust from stakeholders. Funding support and trust from Danantara have been the main drivers for us to continue improving. This profit is the starting point that we approach with humility to ensure the sustainability of the national steel industry,” said Akbar Djohan.
Meanwhile, the Director of Finance and Risk Management of PT Krakatau Steel (Persero) Tbk, Daniel Fitzgerald Liman, stated that the KRAS share price has experienced encouraging movement. Even, KRAS’s historical performance also moved by 164% over the last year, with a 52-week price range between 102 and 436. “When the IHSG weakened last week, we remained stable at Rp314,” he said.
Such conditions, according to Daniel, are inseparable from positive financial performance, most of which is a contribution from the company’s operational performance.
In addition to booking a net profit equivalent to Rp5.68 trillion, said Daniel, throughout 2025 the company was able to book revenue of US$959.84 million (Rp16.05 trillion). Total steel product sales volume reached 944,562 tonnes, a sharp increase of 29.0% from the previous year. Daniel added that Krakatau Steel’s resilience in 2025 is not only reflected in profit figures, but also clearly visible from the increasingly healthy and solid balance sheet structure.
The company succeeded in strengthening its financial position by recording total assets of US$2.77 billion or equivalent to Rp46.24 trillion. At the same time, the company’s commitment to settling debt obligations yielded tangible results, namely total liabilities were reduced by 17.04% to US$2.04 billion (Rp34.11 trillion).
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The IHSG at the opening of trading on Thursday (2/4/2025) opened weaker by 31.33 points. See the analysis of today’s domestic stock exchange movement.