PT Industri Jamu Sido Muncul holds key support, shares steady on Jakarta exchange

By Daniel Hoffmann, Chart & Technicals desk. Reviewed prior to publication on 2026-06-25, 17:50.

PT Industri Jamu Sido Muncul (ID1000126402) trades on the Indonesia Stock Exchange in Jakarta, with shares currently moving in a tight range above a recent support zone. The stock’s technical picture on Thursday centers on how it relates to the broader Jakarta Composite Index and regional consumer names.

How Sido Muncul trades on IDX

PT Industri Jamu Sido Muncul is listed on the Indonesia Stock Exchange under the ticker SIDO, with daily volume generally modest compared with larger Jakarta consumer staples peers such as Indofood and Unilever Indonesia. The company’s shares are part of the consumer sector segment that tracks traditional herbal and wellness products within Indonesia's equity market.

Recent price data published by the Indonesia Stock Exchange and local broker research show that Sido Muncul shares have been trading in a relatively narrow band in June, mirroring muted moves in the Jakarta Composite Index (JCI) and the consumer staples sub-index. The stock has not broken out of its medium-term trading corridor, and chart watchers highlight that the current pattern reflects a period of consolidation rather than a strong trend in either direction.

Jakarta Composite and consumer peers

Analysts following Indonesian consumer and healthcare exposures compare Sido Muncul with peers such as Kalbe Farma, Indofood CBP and Unilever Indonesia when assessing sector sentiment. Their reports emphasize that domestic consumption and spending on staple goods remain a core driver for all these names, including traditional herbal products and wellness items in which Sido Muncul has a long-standing presence.

The Jakarta Composite Index has seen only limited movement over recent sessions, with financial and consumer names offsetting more volatile resource stocks. Against this backdrop, Sido Muncul’s steady trading behavior is seen as consistent with a defensive profile, as the company derives the majority of its revenue from everyday consumer products that tend to show less volatility than cyclical sectors such as mining or construction.

What the company sells

PT Industri Jamu Sido Muncul makes its money primarily by producing and selling traditional herbal medicines and health drinks in Indonesia. A well-known product line is the Tolak Angin herbal remedy, which the company distributes widely through pharmacies and modern retail channels.

Where the stock trades today

PT Industri Jamu Sido Muncul shares trade on the Indonesia Stock Exchange in Jakarta; the latest quoted price was in Indonesian rupiah and reflects the company’s positioning as a consumer and healthcare-oriented stock in the local market.

This article was produced with AI assistance and editorially reviewed. Price and company figures without guarantee; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Stock-market transactions carry risks up to and including total loss.