IHSG Comfortably in the Green Zone, Check Out 5 Stock Recommendations for Today
Jakarta, CNBC Indonesia - The Composite Stock Price Index (IHSG) closed trading on Friday (17/04) in the green zone with a 0.17% increase to the level of 7,634.
The index’s strengthening was supported by blue-chip stocks such as BREN (+4.74%), ASII (+2.82%), and BBRI (+0.59%) as the main drivers. On the other hand, pressure came from BBCA (-1.53%), DSSA (-0.91%), and BRPT (-1.76%), which weighed on the index.
Foreign investors recorded net selling of Rp746.08 billion in the regular market and Rp931.44 billion across all markets.
In terms of sectors, the majority of sectors strengthened, with the property sector recording the highest increase of 1.98%, while the consumer cyclical sector was the only one experiencing the deepest pressure of 0.46%.
From the global market perspective, the US stock exchanges closed higher, with the Dow Jones index rising 1.79% to 49,447, the S&P 500 strengthening 1.20% to 7,126, and the Nasdaq up 1.52% to 24,468.
However, geopolitical sentiment is heating up again with increasing tensions between the US and Iran following the seizure of an Iranian-flagged cargo ship. This situation has the potential to affect domestic stock market movements. Meanwhile, Indonesia’s offshore market indicators showed mixed movements, with the EIDO ETF up 1.97% and the MSCI Indonesia tending to stagnate with a slight decline of 0.08%.
From the issuer performance side, PT Fast Food Indonesia Tbk (FAST) still recorded a loss of Rp392.24 billion in 2025, although improved compared to the Rp798.24 billion loss in the previous year.
The company’s revenue remained relatively stable, up slightly by 0.11% to Rp4.88 trillion, while the cost of goods sold decreased by 1.96% to Rp1.99 trillion. This loss extends the negative trend that has lasted for six years since 2020. Amid these challenges, FAST implemented efficiencies by closing 25 outlets, bringing the total outlets to 690 in 2025. The company is also striving to maintain performance through optimisation of brand combinations and strengthening of core menu items.
Meanwhile, PT Alamtri Resources Indonesia Tbk (ADRO) decided to distribute a final dividend of Rp117 per share, bringing the total dividend for the 2025 fiscal year to Rp262.14 per share, including the interim dividend of Rp145.14.
The total dividend distributed amounts to Rp7.57 trillion or equivalent to USD 447.5 million, reflecting the entire net profit for the year. Throughout 2025, ADRO recorded a 9.87% revenue decline to USD 1.87 billion, with the main contribution from the mining and mining services segment. Net profit also experienced a significant decline of 67.56% to USD 447.69 million due to weakening coal prices. Nevertheless, the company is still distributing nearly all of its profit as dividends. The cum dividend date is set for 27 April, and the dividend payment is scheduled for 8 May.
Today’s Stock Recommendations
SCMA
Buy 300-308 | TP 314-320 | SL 284
DKFT
Buy 805-820 | TP 840-860 | SL 760
SMSM
Buy 1785-1795 | TP 1815-1840 | SL 1710
BDMN
Buy 2530-2560 | TP 2620-2640 | SL 2440
ACES
Buy 370-376 | TP 382-388 | SL 348
Disclaimer: All stock analyses and recommendations in this article are for informational purposes only and do not constitute an invitation to buy or sell specific stocks.
Investment decisions are entirely at the discretion of each investor according to their risk profile and personal financial goals. Happy wise investing.