US and Iran Signaled Progress Toward Framework Deal to End Conflict

US and Iran Signaled Progress Toward Framework Deal to End Conflict 
The US and Iran reportedly made progress toward a potential framework agreement aimed at ending the ongoing conflict, although key terms remain under negotiation and may require several more days to finalize. US President Donald Trump indicated that discussions are nearing completion, while the US naval blockade on Iranian ports will remain in place during the negotiation process. The proposed framework would provide a 60-day window to negotiate a broader long-term agreement, with key discussions centered on the reopening of the Strait of Hormuz and Iran’s nuclear program. Any agreement to restore shipping flows through the strait and normalize energy exports is expected to require a gradual and complex implementation process. (CNN) 

Indonesia’s M2 Money Supply Grew 9.2% YoY in Apr-26 
Indonesia’s broad money supply (M2) increased 9.2% YoY to IDR 10,253.7 tn in Apr-26, moderating from 9.7% YoY growth recorded in Mar-26. The expansion was mainly supported by growth in narrow money (M1), which rose 13.6% YoY, alongside quasi-money growth of 4.7% YoY. M2 growth was also driven by stronger net receivables to the central govt., which surged 38.6% YoY, as well as credit distribution growth of 9.4% YoY. (Trading Economics)

Adaro Andalan Indonesia (AADI) to Disburse Final Dividend of IDR 453/sh 
AADI approved FY25 final cash dividend of USD 0.026/sh or equivalent to IDR 453/sh (Div. yield: 5.51%). Total FY25 dividend distribution reached around USD 450 mn, representing payout ratio of 59% from FY25 net profit, where USD 250 mn had previously been distributed as interim dividend in Nov-25, while the remaining USD 200 mn will be distributed as final dividend. The dividend distribution was approved at the AGM held on 22 May-26. The co. has yet to announce the detailed dividend distribution schedule, including cum date and payment date. (Emitennews) 

Trimegah Bangun Persada (NCKL) Planned IDR 1 tn Share Buyback 
NCKL plans to conduct share buyback with total allocation of up to IDR 1 tn within 12 months after obtaining shareholders approval at AGM scheduled on 30 Jun-26. The buyback budget already includes brokerage and other related transaction costs. The co. stated the action was considered as current share price does not yet reflect the co.’s intrinsic value despite solid operational performance. Management also stated the buyback is not expected to materially affect revenue, net profit, or earnings per share. The buyback will be executed through on-market and/or off-market transactions, with PT Harita Kencana Sekuritas appointed as broker for the program. (Emitennews)