Outlook for Semen Indonesia (SMGR) and Indocement (INTP) Shares in Early Second Half of 2026

National cement sales continued to strengthen in May 2026, with a near double-digit increase recorded over the first five months of the year. The performance prospects for issuers such as Semen Indonesia (SMGR) and Indocement (INTP) are improving for the second half of 2026. Citing company data and Mirae Asset Sekuritas Indonesia Research on Thursday (2/7/2026), national cement sales from January to May 2026 reached 24.39 million tonnes, a 9.6% year-on-year (YoY) increase compared to 22.26 million tonnes in the same period of 2025.