PT Bank Mandiri (Persero) Tbk is trading 7.4% up today at $4090 as Indonesian equities and the rupiah stabilize following a period of intense selling pressure.
- The recovery follows a significant downturn where the Jakarta Composite Index (JCI) fell over 4% and the currency hit record lows on June 8, 2026.
- Market participants are engaging in bargain hunting across major financial institutions and other blue-chip stocks as broader market sentiment improves.