Flooring Guide by Cinvex – JAKARTA – Indonesian Stock Market Updates: Astra International, Petrosea, and Low Free-Float Stocks
The Indonesian stock market shows interesting activity across various sectors. Several key developments warrant attention for investors:
1. Room for Growth in Astra International (ASII) Shares: PT Astra International Tbk. (ASII) is exhibiting positive performance. As of September 24th, 2025, shares were priced at Rp5,900, representing a 19.19% increase since the beginning of 2025. Read more 
2. US Conglomerate’s Investment Firm Actively Acquiring Petrosea (PTRO) Shares: An investment management firm owned by a US conglomerate has been steadily purchasing shares of PT Petrosea Tbk. (PTRO) during 2025. Read more 
3. Low Free Float for Several Indonesian Companies: With the Indonesian Financial Services Authority (OJK) considering a minimum 10% free float rule, several companies, including HMSP, CDIA, PSAB, and BRIS, currently have public shareholdings ranging from 7% to 9%. This situation presents potential implications for trading and liquidity. Read more 
4. Manulife Acquires Schroders Indonesia: A Look at a 28-Year-Old Mutual Fund: PT Manulife Aset Manajemen Indonesia has acquired Schroders Indonesia, a company with a 28-year-old mutual fund boasting returns in the thousands of percent. This acquisition highlights significant activity in the Indonesian asset management sector. Read more 
5. Palm Oil Producers SSMS and AALI Strategize Amidst Projected CPO Price Surge: With projections of crude palm oil (CPO) prices reaching 5,000 Ringgit, Indonesian palm oil producers, such as SSMS and AALI, are developing strategic plans to enhance their expansion and capitalize on the potential market increase. Read more 
Summary
Astra International (ASII) stock experienced a significant 19.19% increase since the beginning of 2025, reaching Rp5,900 per share as of September 24th, 2025. Simultaneously, a US conglomerate’s investment firm has been actively purchasing shares of Petrosea (PTRO) throughout 2025. Several Indonesian companies, including HMSP, CDIA, PSAB, and BRIS, face potential trading and liquidity implications due to their low free float, falling below the OJK’s proposed 10% minimum.
Further market activity includes Manulife Aset Manajemen Indonesia’s acquisition of Schroders Indonesia, a 28-year-old mutual fund. Finally, palm oil producers SSMS and AALI are preparing strategic expansion plans in anticipation of projected CPO price increases reaching 5,000 Ringgit.