Latest update · Aug 5, 2026
Current price: IDR 2,060. This is the first update since 6 June. Two months, one MSCI decision, one full earnings release, one deep dive into valuation ratios, and a complete change in the picture. Here is everything that happened.
Chandra Asri Pacific (TPIA): One Day Up 12%, The Next Day Down 13% — Here’s What’s Really Going On
TPIA is a record-earning, fundamentally transformed company trading at a five-year low — and the next twenty days, specifically the MSCI review on June 23, will determine whether this is the buying opportunity of 2026 or the beginning of something much more serious for Indonesia's stock market.
Indonesia’s largest petrochemical company just reported the best quarter in its history. Its stock is near a five-year low. And the next three weeks could decide everything. If you’ve been watching PT Chandra Asri Pacific (TPIA) this week, you’ve seen one of the most dramatic two-day reversals on the Jakarta exchange in recent memory. On Tuesday, June 2, the stock surged 12% to…