Logindo Samudramakmur is trading 10.4% up at IDR 117.00, extending a sharp rebound following a period of recent volatility and pullback.
- The move appears to be primarily speculative, as there have been no new company announcements, earnings reports, or deal-related news to drive fundamental changes.
- The rally is currently aligned with improved sentiment in the industrial sector, supported by strong manufacturing data and easing geopolitical tensions rather than a specific corporate catalyst.