JAKARTA – PT Bank Negara Indonesia (Persero) Tbk (BBNI) saw its stock price increase by 3.06% by midday on Tuesday, continuing the upward trend from recent days.

As of 11.37 AM WIB, BBNI's stock price rose by 140 points to IDR 4,710 per share from IDR 4,610. The shares opened at IDR 4,600 per share and even reached a high of IDR 4,750.

In the past week, since Wednesday (12/2), BBNI’s stock price has surged 14.08%, or about 580 points from IDR 4,210. The stock had been at its lowest point of IDR 4,070 per share on Monday (11/2) last week.

The recent rally in BBNI shares began after the announcement of the bank's plan for a share buyback, which is expected to be approved at the Annual General Meeting of Shareholders (AGMS) on March 26, 2025. (LK/KR/ZH)