BlackRock Reverses Course, Ramps Up SIDO Buying in December 2025
BlackRock increases its stake in Sido Muncul (SIDO) in December 2025, reversing its previous selling trend.
(Bisnis.Com) 01/01/70 07:00 68082
Bisnis.com, JAKARTA — BlackRock reversed course into accumulation mode, boosting its stake in PT Industri Jamu dan Farmasi Sido Muncul Tbk. (SIDO) as the end of year 2025 draws near.
The global investment giant has been flipping its stance on SIDO multiple times during the second half of 2025, a period marked by persistent pressure on the stock’s valuation. By Tuesday (12/9/2025), SIDO slipped 0.93% to IDR 535 per share, extending its year-to-date decline to 9.32%.
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