Latest News

Foreign sell hit 3.19 billion shares, net foreign volume plunges to -1.16 billion shares

08 Jul 2024 17:18

Foreign investors were seen selling a total of 3.19 billion shares on Thursday, July 4. This transaction was followed by share purchases too. However, the total foreign buying volume was only 2.02 billion shares. As a result, net foreign volume dropped to around -1.16 billion shares. The telecoms company PT Smartfren Telecom Tbk (FREN) had the most shares sold (1.46 billion), with a net volume of -1.46 million shares.

Foreign sell hit 3.19 billion shares, net foreign volume plunges to -1.16 billion shares

Rights issue causes slight drop in share portion of two major investors in Trans Power Marine (TPMA)

08 Jul 2024 17:15

On Tuesday, July 2, two large investors in PT Trans Power Marine Tbk (TPMA) reported a slight decrease in the portion of their shares due to the rights issue conducted by the issuer of maritime transportation services. First, PT Dwitunggal Perkasa Mandiri, which owns nearly 1.5 billion TPMA shares, previously controlled 54.83% of its stakes. However, this investor now owns only 54.26% of the shares. Then, with 3115.89 million shares, PT Patin Resources' shares fell from 11.55% to 11.43%.

Rights issue causes slight drop in share portion of two major investors in Trans Power Marine (TPMA)

IPCC prepares IDR 116.93 billion for share buyback

08 Jul 2024 15:09

PT Indonesia Kendaraan Terminal Tbk (IPCC) will hold a share buyback with a budget of IDR 116.93 billion.

IPCC prepares IDR 116.93 billion for share buyback

In June 2024, ADHI's total new contracts reached IDR 10.2 trillion

08 Jul 2024 14:45

As of June 2024, PT Adhi Karya (Persero) Tbk (ADHI) has collected total new contracts of IDR 10.2 trillion, an increase of IDR 800 billion from May 2024 of IDR 9.4 trillion.

In June 2024, ADHI's total new contracts reached IDR 10.2 trillion

PNM to offer Sukuk Mudharabah of IDR 1.5 trillion

08 Jul 2024 13:49

PT Permodalan Nasional Madani (Persero) is currently offering Shelf-Registration Sukuk Mudharabah I Phase III Year 2024 worth IDR 1.5 trillion starting today (8/7) until Tuesday (9/7).

PNM to offer Sukuk Mudharabah of IDR 1.5 trillion

APEX schedules a private placement next week

08 Jul 2024 13:20

PT Apexindo Pratama Duta Tbk (APEX) will increase capital without pre-emptive rights, also known as private placement, via mandatory convertible bonds (MCB) Tranche I.

APEX schedules a private placement next week

TMAS excels in logistics and delivery industry

08 Jul 2024 11:17

Two issuers in the logistics and delivery industry reported dividend of over IDR 150 billion in fiscal year (FY) 2023, the biggest amount among 25 similar issuers listed on the stock exchange.

TMAS excels in logistics and delivery industry

Working with National Labour Union, MEKAR to promote employee funding

08 Jul 2024 10:43

PT Mekar Investama Teknologi, a P2P lending platform known as MEKAR, is working together with National Labour Union to expand its credit distribution network to employees in Indonesia.

Working with National Labour Union, MEKAR to promote employee funding

CMRY vs ULTJ: battle of dairy moguls

08 Jul 2024 10:22

The competition in dairy product manufacture has been increasingly fierce since CMRY made its debut on the stock exchange on December 6, 2021. ULTJ, the long-reigning champion in the industry, now must acknowledge CMRY’s impressive performance in 2023.

CMRY vs ULTJ: battle of dairy moguls

Crowded, 24 issuers get in queue for rights issue in July

08 Jul 2024 09:24

Indonesia Stock Exchange (IDX) reports the number of issuers seen in the pipeline of capital increase with pre-emptive rights, also known as rights issue, until July 5, 2024, has reached 24 issuers.

Crowded, 24 issuers get in queue for rights issue in July