KSI Lunch Report 16 October 2026

October 16, 2026
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Market Review (Session 1) In session 1, JCI closed down -10.76% to the level of 5,233.00. Market Prediction (Session 2) JCI: Index closed negative with bearish candle. JCI is expected to remain volatile and maintain its negative movement. • AKRA: Price closed at 1,250 (-14.97%) and breakdown support. Price will remain in a short-term downtrend. • AMMN: Price closed at 3,740 (-14.81%) and breakdown support. Price will remain in a short-term downtrend. • ICBP: Price closed at 6,300 (-9.35%) and breakdown support. Price will remain in a short-term downtrend. • PGEO: Price closed at 885 (-9.69%) and breakdown support. Price will remain in a short-term downtrend. News • PT. Bank Tabungan Negara (Persero) Tbk. (BBTN) paid the 37th interest of its Sustainable Bonds III Bank BTN Phase I Year 2017 Series D with a recorded bond value of Rp1.386 trillion and an interest rate of 8.9% amounting to a net interest of Rp30.08 billion to 40 eligible bondholders on October 13 2026. • PT. Bank Syariah Indonesia (Persero) Tbk. (BRIS) targets to open its branch office in Jeddah Saudi Arabia by late 2026 or early 2027 to operate as a full branch offering phased banking services as the first Indonesian bank in the country while completing strict regulatory requirements and awaiting local regulator approval with building and IT preparations at around 80%. • PT. Merdeka Gold Resources Tbk. (EMAS) is accelerating the Pani Gold Mine project by adding a second Carbon in Leach facility to double production capacity from 250000 to 350000 ounces per year to 500000 to 700000 ounces per year after successful commissioning with Phase 1 currently under construction featuring a processing capacity of 12 million tonnes per annum.