BRI Danareksa Sekuritas Holds Market Outlook for Second Half of 2025
Jakarta, July 15, 2025 – Entering the second half of 2025, the dynamics of the financial markets continue to move, driven by ongoing geopolitical uncertainty as well as slowing economic growth in several major economies worldwide. These conditions require investors to be more agile in analyzing and seizing available opportunities.
To address this need, BRI Danareksa Sekuritas (“BRIDS”) held the Market Outlook Second Half 2025 event themed “Unlocking Trends, Timing Your Trades”, featuring expert and competent speakers from various fields—ranging from economic and sectoral specialists, issuers from trending sectors, to professional traders. The event took place at the Main Hall of the Indonesia Stock Exchange (IDX), Jakarta, and was attended by hundreds of participants, including BRIDS clients, community members, and students.
BRI’s Director of Treasury & International Banking, Farida Thamrin, stated that this event is a tangible demonstration of BRIDS’ commitment to strengthening financial inclusion and supporting the growth of capital market access within the community.
“BRIDS’ retail business performance grew by 45% in the first semester of 2025, despite current geopolitical challenges. This is also supported by the development of BRIGHTS EASY, which allows clients to conveniently transact Stocks, Bonds, Mutual Funds, and Retail Asset-Backed Securities in one platform. We hope this event will provide valuable insights for taking more confident steps in 2025,” said Farida.
Echoing Farida’s remarks, IDX Development Director Jeffrey Hendrik emphasized the important role of retail investors amid global uncertainty.
“Retail investors have absorbed 90% of shares sold by foreign investors. A large and strong retail investor base will be an excellent foundation for the growth of our capital market going forward,” explained Jeffrey.
Following the opening session, the event continued with market outlook presentations from expert speakers covering macroeconomic conditions, sectoral potential, and relevant technical strategies to navigate the market in the second half of 2025.
BRIDS Head of Equity Research, Erindra Krisnawan, conveyed that although the global economy remains sluggish, Indonesia’s domestic conditions offer hope for a healthy market recovery.
“Although the global economy is slowing, domestic economic stability remains strong. In addition, Indonesian stock market valuations are still relatively low, presenting attractive opportunities for medium-term investors. Recovery prospects are supported by a more accommodative BI rate and accelerated government spending. Sectors we highlight include consumer and telecommunications,” explained Erindra.
Adding to the macro perspective, Ronald A. Hutagalung, Investor Relations Manager at Pertamina Geothermal Energy (PGEO), shared insights from the strategic renewable energy sector, highlighting Indonesia’s vast potential in geothermal energy as a driver of the national energy transition.
“With support from national policies and infrastructure development such as the Supergrid, we at PGE are committed to being a key driver of the clean energy transition. We are targeting an installed capacity of up to 1.7 GW by 2033 and encouraging investment in downstream geothermal products and industrialization of power plant components. Our performance remains solid, with an EBITDA margin of around 80% and an availability factor approaching 100%,” said Ronald.
From a technical standpoint, Om Ben, Professional Trader & Stock Enthusiast, concluded the outlook session by sharing practical strategies that retail investors can apply to navigate the challenging market dynamics.
“Trading is not about quick big profits, but about consistency and discipline. In this second half, prepare a clear strategy, apply strict risk management, and maintain patience. Focus on IPO stocks and swing trading strategies based on support and resistance. Don’t fall into FOMO, evaluate regularly, and avoid overtrading. There is still momentum, especially with many big-cap stocks currently at a discount and attractive corporate actions,” shared Om Ben.