IDX warns 137 issuers yet to submit financial reports
22 Apr 2024 07:37
Indonesia Stock Exchange (IDX) announced 137 issuers that have yet to submit their financial report for the fiscal year 2023, exceeding the set deadline.
The volumes of foreign sell and buy differ slightly; net foreign volume closed at -105.25 million shares
20 Apr 2024 14:05
Foreign investors' sell and buy transactions on Friday, April 19, concluded at comparable outcomes. Foreign buy volume stood at 3.35 billion shares, while foreign sell volume was 3.46 billion shares. As a result, net foreign volume closed at -105.25 million shares. The coal mining company PT Bumi Resources Tbk (BUMI) was on the top buy list, with 164.52 million shares purchased for a net volume of 131.25 million shares. Meanwhile, PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) ranked first in the top sell list, with 150.03 million shares sold and a net volume of -77.94 million shares.
Zed Utama Persada acquires 255 million shares of Bhakti Multi Artha (BHAT)
20 Apr 2024 13:07
On Wednesday, April 17, PT Zed Utama Persada acquired 255.43 million shares of the life insurance company PT Bhakti Multi Artha Tbk (BHAT). This new investor now owns 5.11% of the shares from the transactions conducted through three securities firms. Furthermore, PT Garam Ventura Indonesia, which owned 27.82% of the media and retail holding company PT Multi Garam Utama Tbk (FOLK), purchased an additional 114.85 million shares, increasing its ownership to 30.73%.
After investing 85.92 million shares, Reksa Dana Sucorinvest now owns 5.37% of Gema Grahasarana (GEMA)
20 Apr 2024 12:33
On Tuesday, April 16, PT Gema Grahasarana Tbk (GEMA), an interior contractor and furniture manufacturer, welcomed a new investor from the Reksa Dana Sucorinvest Equity Fund. Through PT Bank HSBC Indonesia, 85.92 million GEMA shares were acquired, giving this investor a current ownership stake of approximately 5.37%. Another new investor, PT Firstindo Finansial Corpora, bought 51.88 million shares in PT Sumber Energi Andalan Tbk (ITMA), giving it a 5.19% stake.
Medco Energi sets up IDR 200 billion for shares buyback
19 Apr 2024 19:58
PT Medco Energi Internasional Tbk (MEDC) is scheduling a shares buyback with a budget set to IDR 200 billion or equal to USD 12.5 million.
Indonesia’s foreign debts arrived at USD 407.3 billion
19 Apr 2024 16:58
Bank Indonesia (BI) reported Indonesia’s foreign debts had reached USD 407.3 billion as of February 2024, up 1.4% year-on-year (yoy) from February 2023.
Wismilak Inti Makmur saw 98% surge in profit
19 Apr 2024 16:21
PT Wismilak Inti Makmur Tbk (WIIM), the manufacturer of Wismilak cigarette, reported net profit of IDR 494.3 billion throughout 2023, up 98% year-on-year (yoy).
Bank Maybank scored dividend income of IDR 177.51 billion from Maybank Finance
19 Apr 2024 14:33
PT Bank Maybank Indonesia Tbk (BNII) recorded dividend income for the fiscal year 2023 from its subsidiary, PT Maybank Indonesia Finance (BIIF), worth IDR 177.51 billion.
Revenue increased, BSML sets up cash dividend of IDR 3 billion
19 Apr 2024 14:25
PT Bintang Samudera Mandiri Lines Tbk (BSML) recorded profit growth in 2023, but the dividend set up for the fiscal year 2023 remains unchanged.
BUAH to open 2 cold storage facilities to improve distribution
19 Apr 2024 14:04
PT Segar Kumala Indonesia Tbk (BUAH), a retail specialised in selling various fruits, has established a significant number of cold storage facilities located in Pekanbaru and Samarinda.
