+62 21 515 3608


Ready to create your fortune?
By building on a foundation of trust, Yuanta forms life-long partnerships with its customers to help our clients work towards their financial goals.
Pengumuman Penting
Situasi dan kondisi yang sudah normal, maka hari Senin, 15 Juli 2019 aktifitas di kantor pusat sudah berlangsung seperti biasa.
Implementasi T+2
Mulai Tanggal 26 November 2018
Penyelesaian Transaksi Bursa di pasar reguler menjadi 2 hari bursa (T+2).

Latest Research

Bank Tabungan Negara (BBTN IJ): Expect FY19F earnings to miss target

Bank Tabungan Negara (BBTN IJ)
BUY / TP: IDR:2,500 (+17.4%)
Analyst: Yap Swie Cu

Expect FY19F earnings to miss target
• Rising bad loans pressurized earnings
• Positive Dec 2019 earnings to be expected at the expense of lower-than-targeted loan-loss coverage
• Expect lower-than-projected FY2019F earnings, equity balance
• No positive catalyst to share price until final results come out

View more

Trade Balance: Reduced trade deficit in 2019

Trade Balance
Analyst: Chandra Pasaribu

Reduced trade deficit in 2019
• Flat oil imports with minor increase in exports
• Non-OG goods turned in a surplus
• Positive catalyst for currency stability

View more

Waskita Karya (WSKT IJ): Hunting down the capital

Waskita Karya (WSKT IJ)
HOLD-UPF / TP: IDR:1,475 (-1.7%)
Analyst: Muhammad Abdul Aziz

Hunting down the capital
• Divestment normalizes its balance sheet
• Dominated by robust yet risky projects
• Expect higher new contracts of IDR35tn in FY2020
• Re-initiate coverage with a HOLD-UPF call and a TP of IDR1,475

View more

Market News

Yuanta Indonesia Morning Journal - 17 January 2020

• 4W sales down by -10.8% in FY19
• Domestic cement volume inched up 0.6% YoY in FY19
• Astra Honda to aim at sales of 4.9mn units in FY20

• BTN’s (BBTN IJ) junior global bonds oversubscribed by 12.3x
• BSD (BSDE IJ) books IDR6.5 tn marketing sales in FY19

View more

Yuanta Indonesia Morning Journal - 16 January 2020

• Churn rate to decline post SIM registration

• Vale Indonesia (INCO IJ) and Mind Id continue to discuss CSPA
• Mega Manunggal Property (MMLP IJ) to budget capex of IDR1.2tn in FY20

View more

Yuanta Indonesia Morning Journal - 15 January 2020

• Government to alter LPG subsidy
• Morris Garage to enter Indonesian auto market
• India to stop import CPO from Malaysia

• Indocement (INTP IJ) see revenue growth of 3-4%
• Wijaya Karya (WIKA IJ) aims IDR65tn in 2020

View more