Gudang Garam Stock - Thursday chart check on Jakarta trading

Gudang Garam stock trades quietly on the Indonesia Stock Exchange, with investors focused on Thursday’s technical picture and the broader Indonesian cigarette sector after a muted first half of the year.

Edited by ad hoc news Chart & Technicals Desk. Verified prior to publication on 06/18/2026, 21:44 CET. Details in the imprint.

Gudang Garam (ID1000057102) is one of Indonesia's largest cigarette producers and its stock remains a key name in Jakarta’s consumer sector. With no fresh company announcements on Thursday, the focus shifts to how the shares trade around key technical levels on the Indonesia Stock Exchange.

Thursday focus on the chart

There was no new regulatory filing or corporate announcement from Gudang Garam on Thursday on the company’s investor-relations page, which last highlighted its 2023 annual report and earlier financial disclosures. The quiet news flow puts the spotlight on how the stock behaves technically in Jakarta trading.

On the Indonesia Stock Exchange, Gudang Garam trades under the ticker GGRM in Indonesian rupiah, and chart services show relatively subdued trading volumes compared with the pandemic years. Daily ranges in recent sessions have been narrow, underlining a cautious stance among local investors.

Key levels and sector backdrop

Technical charts from regional data providers indicate that GGRM shares have been oscillating in a sideways band in 2026, lagging some broader Indonesian equity benchmarks. The stock has struggled to regain levels seen before Indonesia’s latest rounds of cigarette excise tax increases.

Market commentary on Indonesian cigarette producers notes that repeated excise hikes and tighter advertising rules have weighed on sentiment in the sector. Against this backdrop, many traders use moving averages and support zones in GGRM as reference points rather than betting on quick trend reversals.

How Gudang Garam makes money

Gudang Garam generates most of its revenue from producing and selling clove cigarettes, known locally as kretek, across Indonesia and selected export markets. Its portfolio includes hand-rolled and machine-made kretek brands, with Surya and Gudang Garam International among its most recognized labels in the domestic market.

Where the stock trades today

The shares of Gudang Garam (ID1000057102) trade on the Indonesia Stock Exchange in Jakarta under the ticker GGRM; a reliable real-time price in Indonesian rupiah for today’s close was not available at the time of this editorial check.

Gudang Garam at a glance

• Company: PT Gudang Garam Tbk
• ISIN: ID1000057102
• Ticker: GGRM
• Venue: Indonesia Stock Exchange (IDX)
• Sector / Industry: Consumer Staples - Tobacco

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.