🟢 Logindo Samudramakmur is trading 5% up amid Indonesia’s broader market rebound

Logindo Samudramakmur is trading at IDR 77.00, up 5.48%, amid a broader Indonesian market rebound; no company-specific catalyst was identified.

• Authorities announced measures responding to MSCI’s potential downgrade concerns.
• The Jakarta Composite Index closed 5.65% higher on October 20, while transportation and logistics stocks gained 8.55%. The rebound is context, not a confirmed company-specific catalyst.