The Jakarta Composite Index (JCI) closed lower by 0.43% at 8,508.71 during Friday’s trading session (November 28).
Several stocks contributed the most to the index’s positive performance, such as DSSA (+2.33%), CUAN (+3.88%), and BYAN (+1.29%). Meanwhile, DCII (-6.15%), AMMN (-5.04%), and BBRI (-1.6%) were the biggest drags on the index.

Foreign investors recorded a net sell of Rp912.51 billion in the regular market, with total net selling across all markets reaching Rp1.02 trillion.

On a sectoral basis, 5 out of 11 sectors finished in negative territory. The energy sector led the gains (+1.25%), while technology experienced the steepest decline (-2.60%).

The outflow of foreign funds from the JCI is believed to be linked to the rise in SRBI yields by 21.8 basis points to 4.95% over the past week, which affects investment calculations for international market participants.

Sinergi Inti Andalan Utama (INET) reported a net profit of Rp19.37 billion for 9M25, soaring 819% year-on-year. Total revenue also jumped 194% to Rp68.60 billion from Rp23.28 billion in the same period last year, primarily driven by a surge in internet service revenue that reached Rp67.15 billion.

Bakrie & Brothers (BNBR), through Bakrie Toll Indonesia (BTI), has completed the acquisition of Cimanggis Cibitung Tollways (CCT) by purchasing 72 million shares—equivalent to 90% ownership—worth Rp1 trillion.

Of that amount, 35% of shares were previously owned by Waskita Toll Road and 55% by Sarana Multi Infrastruktur. BTI also assumed WTR and SMI’s receivables toward CCT totaling Rp2.56 trillion.

This corporate action received a positive response from the market, reflected in the technical upward movement of the stock price, which is approaching the resistance area at Rp61.

Below are today’s stock recommendations:

PGAS
Buy 1790–1795 | TP 1830–1855 | SL 1715

BKSL
Buy 150–151 | TP 155–158 | SL 140

NCKL
Buy 1025–1035 | TP 1065–1090 | SL 965

PWON
Buy 386–388 | TP 394–400 | SL 360

MAPA
Buy 740–745 | TP 760–775 | SL 700

Disclaimer: All stock analyses and recommendations in this article are purely informational and should not be interpreted as advice to buy or sell any specific stock.
Investment decisions remain the full responsibility of each investor based on their risk profile and financial goals. Invest wisely.