Bank Mandiri is trading 5.7% down at IDR 4,130 as investors lock in profits following a sharp post-earnings rally.
- The bank recently reported a 24.4% jump in H1 2026 net profit to Rp 30.4 trillion, with loan growth reaching 19.9%.
- The current pullback is viewed as a technical correction after strong financial results previously pushed shares higher.
- Market analysts suggest the decline reflects profit-taking rather than new negative fundamental news.