Darma Henwa (DEWA) Stock Downgraded to 'Neutral' by Mirae Asset on Valuation Adjustment
Mirae Asset Sekuritas Indonesia has downgraded its recommendation for PT Darma Henwa Tbk (DEWA) stock from 'Buy' to 'Neutral'. This decision was driven by valuation adjustments, particularly the uncertainty surrounding the renewal of its Gayo exploration license, despite strengthened profit outlook for 2027.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Petrosea (PTRO) Moderates Capital Expenditure in 2026 Amidst Operational Optimization
PT Petrosea Tbk (PTRO) is moderating its capital expenditure (capex) for 2026, following a significant investment phase in 2025. The company aims to optimize its expanded asset base and maintain financial health.
- Indonesian Jewelry Gold Prices Plummet on November 12, Urging Caution for Investors and Consumers
On November 12, 2026, jewelry gold prices across Indonesia saw a synchronized drop at major retailers. This fluctuation is influenced by factors including demand from the global jewelry industry, currency exchange rates, and central bank policies. Both buyers and investors are advised to closely monitor price movements.
- MSCI Excludes Major Bitcoin Holders, Including Largest Holder, from Global Indexes
MSCI has decided to remove Strategy, the world's largest Bitcoin holder, and other crypto-related firms from its global stock indexes. This move concludes a debate on including crypto asset companies in indexes and raises concerns about the impact on related stocks.
- Indonesia's Big Three State Banks to Adjust Dividend Payout Ratios Amidst Capital and Lending Growth Needs
Indonesia's three state-owned banking giants, BBRI, BMRI, and BBNI, are poised to adjust their dividend payout ratios for fiscal year 2026, despite solid profit growth. This adjustment is aimed at maintaining capital adequacy while supporting credit expansion, suggesting a potential normalization of dividend payments.