Big market cap banking stocks collectively slipped
30 Dec 2024 11:47
Banks with big market capitalisation showed collective slippages at the morning session in the last week of 2024.
BRPT to secure IDR 700 billion loan from BTN
30 Dec 2024 11:27
PT Barito Pacific Tbk (BRPT) manages to score corporate credit facility worth IDR 700 billion from PT Bank Tabungan Negara (Persero) Tbk (BBTN).
Post-debt-conversion, HRUM confident of entering nickel industry
30 Dec 2024 11:22
PT Harum Energy Tbk (HRUM) is gaining optimism in the nickel industry after succeeding in swapping debt to equity for two of its subsidiaries, PT Tanito Harum Nickel (THN) and PT Harum Nickel Perkasa (HNP).
BNLI grants IDR 2 trillion loan to TOWR’s subsidiaries
30 Dec 2024 11:01
Five subsidiaries of PT Sarana Menara Nusantara Tbk. (TOWR) have secured a loan worth IDR 2 trillion from PT Bank Permata Tbk (BNLI).
CCSI to establish 2 new subsidiaries, purpose revealed
30 Dec 2024 10:56
PT Communication Cable Systems Indonesia Tbk (CCSI), a company engaged in the fibre optic and electric cable industry, has officially established two new subsidiaries called PT CCSI Niagatama Digital and PT Lucky Joint Indonesia.
State-owned companies boosted JCI by 0.75% last week
30 Dec 2024 08:36
Jakarta Stock Price Composite Index (JCI) saw 0.75% or 52.71-points increase to 7,036.57 last week, led by some of blue-chip state-owned stocks.
Startel Communication to raise stakes in HELI
30 Dec 2024 08:35
PT Startel Communication (SC) has increased its portion in PT Jaya Trishindo Tbk (HELI) by 2.4 million shares in a transaction last week (24/12).
TOWR to postpone rights issue of IDR 4.5 trillion, management reveals the reason
30 Dec 2024 07:02
PT Sarana Menara Nusantara Tbk (TOWR) is reportedly postponing the capital increase with pre-emptive rights, or rights issue, which is still reporting pending approval from the Financial Services Authority (OJK).
Diversifying portfolio, CUAN to produce metallurgical coals
30 Dec 2024 06:13
PT Petrindo Jaya Kreasi Tbk (CUAN) has reportedly produced metallurgical coals in order to diversify its business portfolio.
Foreign investment transactions resulted in net sell of nearly 16 million shares
27 Dec 2024 19:16
On Friday, December 27, the stock exchange saw a net sell of 15.98 million shares from foreign investors.