Nickel Stocks Fall After Rally: 4 Companies to Watch

The Indonesian​ nickel market experienced a shift on Thursday, January 8, 2026, as several mining stocks saw declines following⁣ recent gains.​ This correction comes as investors capitalize on profits after a period of strong performance in the sector. ​Understanding these fluctuations is crucial for anyone ⁢involved in,⁣ or watching, the Indonesian mining landscape.

Nickel Stock Performance: A Snapshot of January 8, 2026

Data from the Indonesia Stock Exchange ⁢(IDX) as of 11:01 WIB revealed significant⁣ drops in share prices. PT Pelat Timah⁣ Indonesia Tbk ⁤(NIKL) witnessed ‍a ample 6.25 percent decrease, closing at Rp420 per unit. Despite this daily decline,NIKL has still shown a‍ remarkable 22.54 ⁤percent increase over‍ the past week.

the downturn wasn’t isolated to NIKL. PT Central Omega Resources Tbk⁢ (DKFT) shares fell by 6.06 percent, reaching Rp930 per unit. PT Trimegah Bangun Persada Tbk (NKCL) experienced a ⁣3.93 percent decrease, settling at Rp1,345 per unit, while PT PAM Mineral Tbk (NICL) saw a 3.83 percent decline.

Further contributing⁤ to the downward trend, PT Harum Energy Tbk (HRUM) shares decreased by 3.75 percent. PT Merdeka Battery Materials T