Panin Sekuritas saw 47.5% slippage in net profit in 2023
20 Feb 2024 14:56
PT Panin Sekuritas Tbk (PANS), a security company under Panin Bank group, booked net profit of IDR 130.42 billion in 2023.
Bank Mayapada and Skorcard to launch credit card for youth
20 Feb 2024 14:17
PT Bank Mayapada Internasional Tbk (MAYA) has formed a partnership with PT Skorcard Teknologi Indonesia (Skorcard), a fintech company that offers a new experience for credit card users.
Kreasi Jasa acquires 34% of Petrosea shares by purchasing 342 million PTRO shares
20 Feb 2024 12:33
On Friday, February 16, PT Kreasi Jasa Persada acquired 342,925,700 shares of PT Petrosea Tbk (PTRO) through PT Henan Putihrai Sekuritas, resulting in 34% stakes in the mining and oil and gas infrastructure. However, PT Caraka Reksa Optima, PTRO's previous controlling shareholder, actually sold the same number of shares, reducing its ownership from 68.9% to 34.9%.
The thin difference in foreign buying and selling volume results in a net foreign of 51.70 million shares
20 Feb 2024 12:30
Foreign purchasing and selling volumes had a thin difference on Monday, February 19, as they had the day before. Foreign purchases of shares resulted in a foreign buying volume of approximately 3.48 billion shares. Foreign selling volume then totaled 3.43 billion shares, with net foreign closing at 51.70 million. The shares with the highest purchases belonged to the energy resources infrastructure company PT Astrindo Nusantara Infrastruktur Tbk (BIPI), which was purchased for 167.93 million shares with a net volume of 155.73 million shares.
Trimegah Sekuritas purchases 1.22 billion Energi Mega Persada (ENRG) shares
20 Feb 2024 12:07
The securities company PT Trimegah Sekuritas Indonesia Tbk acquired up to 1,225,000,000 shares of PT Energi Mega Persada Tbk (ENRG) on Thursday, February 15. Trimegah Sekuritas saw an increase in share percentage from 7.86% to 12.8% as a result of this outstanding number of shares, which equates to 4.94% ownership. However, PT Bakrie Kalila Investment sold the same amount of shares, resulting in a decrease in its ownership from 40.61% to 35.67% of this issuer of oil and gas exploration and trading.
Opening the week, BBSS gain spot at top gainers
20 Feb 2024 10:56
The stock of PT Bumi Benowo Sukses Sejahtera Tbk (BBSS) sat at the top of the gainers’ list at the end of yesterday’s (19/2) session.
Asep Sabanda to resign, now from ZATA and IPPE
20 Feb 2024 10:37
Asep Sulaeman Sabanda (ASS) has resigned from his position as President Commissioner in two separate companies, PT Indo Pureco Pratama Tbk (IPPE) dan PT Bersama Zatta Jaya Tbk (ZATA).
Catering to youth, Ace Hardware to open Ataru outlet in Surabaya
20 Feb 2024 09:56
PT Ace Hardware Indonesia Tbk (ACES) has reportedly opened one new outlet in Surabaya under the brand Ataru, designed to cater to the needs and lifestyle of young generation.
Uni-Charm Indonesia saw 38.6% profit surge amidst weakening revenue
20 Feb 2024 09:56
PT Uni-Charm Indonesia Tbk (UCID) managed to boost its net profit by up to 38.6% year-on-year (yoy) at the end of 2023 to IDR 434.57 billion although its revenue was corrected 0.7% yoy.
Herbal medicine sales saw a downturn, Sido Muncul’s profit down 13.95%
20 Feb 2024 09:36
PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO), a pharmaceutical and herbal product manufacturer, booked net profit of IDR 950.64 billion in 2023, down 13.95% year-on-year (yoy).