IKN projects prompt growth in general insurance premium
29 Feb 2024 11:26
General Insurance Association of Indonesia (AAUI) reported that Nusantara Capital City (IKN) projects have triggered surge in industry premium in 2023.
FIRE arrived at top gainers
29 Feb 2024 11:23
The stock price of PT Alfa Energi Investama Tbk (FIRE) shifted IDR 28 higher at yesterday’s (28/2) closing bell.
Provident Investasi Bersama to issue jumbo bond, eyeing IDR 1.25 trillion
29 Feb 2024 10:51
PT Provident Investasi Bersama Tbk (PALM), an investment holding company of Saratoga Group, will issue the Shelf-Registration Bond II Phase II Year 2024 worth IDR 1.25 trillion.
Panca Mitra Multiperdana to issue 258.83 million shares in private placement
29 Feb 2024 10:13
PT Panca Mitra Multi Perdana Tbk (PMMP), a company engaged in shrimp processing and wholesale trading industry, will issue a capital increase without pre-emptive rights, also known as a private placement.
Wood segment faced downturn, DSNG's profit down 30% in 2023
29 Feb 2024 10:05
PT Dharma Satya Nusantara Tbk (DSNG), a palm plantation and wood manufacturing company, reported net profit of IDR 841.7 billion in 2023, which was 30% lower than IDR 1,2 trillion set in 2022.
Foreign investors, including GOTO Peopleverse Fund, are actively selling shares
28 Feb 2024 18:33
Monday, February 26, which marked the beginning of the final week of February, was signalled by foreign investors who were busy selling shares on the stock market. Starting with the sale of 28.42 million shares of technology issuer PT GoTo Gojek Tokopedia Tbk (GOTO) by GOTO Peopleverse Fund, it was followed by DB Spore SES CLT A/C For NTAsian Discovery Master Fund which sold 13.37 million shares of financing issuer PT BFI Finance Indonesia Tbk (BFIN). Furthermore, 3.50 million shares of PT Dayamitra Telekomunikasi Tbk (MTEL), a provider of telecommunication infrastructure, were sold by Citibank Singapore S/A on behalf of the Government of Singapore.
1.18 billion Gojek Tokopedia (GOTO) shares are sold up, and net foreign volume falls to -495.94 million
28 Feb 2024 17:55
On Monday, February 26, foreign investors sold the most shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO). A total of 1.18 billion GOTO shares were sold, for a net volume of -580.47 million. This share sale contributed to the foreign sale volume, which totaled 3.13 billion shares. Meanwhile, foreign buy volume was only 2.64 billion shares, bringing the net foreign volume to -495.94 million shares.
INDY gains strength on the board after subsidiaries completed divestment
28 Feb 2024 17:51
The stock price of PT Indika Energy Tbk (INDY) was seen increasing two days after this company concluded the sale of subsidiaries’ shares yesterday (26/2).
GGRM’s subsidiary to manage Kediri-Tulungagung Toll Road
28 Feb 2024 17:12
PT Surya Sapta Agung Tol (SSAT), a subsidiary of PT Gudang Garam Tbk (GGRM), officially becomes the Business Operational Unit for Kediri-Tulungagung Toll Road for the next 50 years.
Gov’t to schedule state sukuk auction of IDR 12 trillion next week
28 Feb 2024 14:51
The Indonesian government will once again hold an auction of Government Sharia Securities (SBSN) or State Sukuk with an indicative target of IDR 12 trillion next Tuesday (5/3).