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Economic Reports

02 September 2025

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Samuel Daily Economic Insights 3 September 2025

■ The government has discussed Danantara’s possible financial involvement or joint venture participation to support the development of PLTSa facilities, which could produce up to 20 MW of energy.

 

■ The UN has called for an inquiry into the deaths of 10 protesters amid protests triggered by dissatisfaction with lawmakers' lavish allowances.

 

■ On Tuesday (2/9), JCI closed +0.85% higher at 7,801.6 with foreign investors posting net sell of IDR 362.7 billion in the regular market and net buy of IDR 31.9 billion in the negotiated market.

 

■ According to Relative Rotation Graph (RRG), all long-term yields above 10 years remain ahead of the 10-year benchmark, but momentum is somewhat mixed. Tenors 11, 12, 16, 18, and 30 are experiencing strengthening momentum. Meanwhile, tenors 15 and 20 years are experiencing weakening momentum. Meanwhile, short-term yields below the 10-year benchmark are almost all lagging and experiencing weakening momentum. Tenors 9 and 11 years are actually leading, with the 9-year experiencing weakening momentum, but the 11-year is actually strengthening.

 

■ We recommend INDOGB bonds such as FR91, FR88, FR85, FR67, FR89 and INDOIS: PBS25, PBS35, PBS38.

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