Indonesia's Corporate Earnings Likely Backed by Firmer Macro Backdrop -- Market Talk

Dow Jones12-22 14:55

0655 GMT - Indonesia's corporate earnings are likely to gain in 2026, supported by a firmer macroeconomic backdrop, a DBS Group Research team says in a note. Higher government spending, policy stimulus and a stronger rupiah outlook likely helped boost earnings, which have been improving since 3Q, they say. The analysts expect earnings to grow 7.8% next year. Consumer and retail stocks are likely to be the biggest beneficiaries of a rebound in consumption, they add. Major banks are likely post around 8% loan growth next year, they add. DBS places its end-2026 Jakarta Composite Index target at 9500. The JCI trades 0.2% higher at 8625.66. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

December 22, 2025 01:55 ET (06:55 GMT)

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