At default, Pefindo lowered ZINC’s bond rating
20 Aug 2024 14:42
Pemeringkat Efek Indonesia (Pefindo), a domestic rating agency, has lowered the rating of Bond I Year 2018 issued by PT Kapuas Prima Coal Tbk (ZINC) to “idD” from the previous “idCCC”.
KIJA to allocate IDR 450 billion of capex
20 Aug 2024 14:16
PT Kawasan Indutri Jababeka Tbk (KIJA) is allocating capital expenditure of IDR 450 billion this year. The allocation is split to 55% for land acquisition and 45% for infrastructure maintenance.
Investors in Estee Gold Feet (EURO) actively trading shares
19 Aug 2024 17:53
Major PT Estee Gold Feet Tbk (EURO) investors were busy trading shares on Thursday, August 15. PT Solusi Karya Sukses and PT Fersindo Nusa Jaya have opted to increase their shareholdings in the aerosol company for cosmetics and home appliances by 20.07 million and 9.57 million shares, respectively. Right now, both are in charge of roughly 8.5-8.7% stakes. On the other hand, PT Majukarya Mandiri Indonesia sold 10.38 million shares, and PT Firstindo Finansial Corpora sold 50 million shares.
Returning to green zone, net foreign volume hit surplus at 452.70 million shares
19 Aug 2024 15:18
The difference in foreign investors' share buying and selling operations on Friday, August 16, generated a net foreign surplus at 452.70 million shares. This statistic was calculated by the difference between foreign buying volume (2.16 billion shares) and foreign selling volume (1.71 billion shares). The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) had the largest net volume at 148.20 million shares, and a share buy volume of 283.37 million shares.
UBS AG London purchases 85 million shares of Polaris Investama (PLAS)
19 Aug 2024 14:27
On Wednesday, August 14, up to 85 million shares of investment firm PT Polaris Investama Tbk (PLAS) were selected by UBS AG London-2140724000 as their newest investment decision. This foreign investor completed the transaction through BUT Deutsche Bank AG and immediately assumed control of 7.18%.
First half in, BRMS’s performance took off
19 Aug 2024 10:52
Throughout the first half (H1) of 2024, PT Bumi Resources Minerals Tbk (BRMS) skyrocketed compared to the same period last year.
Operating expenses increased, PPGL’s net profit was corrected 12.4%
19 Aug 2024 08:07
PT Prima Globalindo Logistik Tbk (PPGL), a logistics and shipping company, booked net profit of IDR 8.34 billion in the first half (H1) of 2024.
Foreign buying and selling volume nearly equal, net foreign volume hit -34.28 million shares
18 Aug 2024 13:58
Foreign investors' share purchasing and selling operations on Thursday, August 15, were almost evenly balanced, with a total of 2.16 billion shares bought and 2.19 billion shares sold. As a result, net foreign volume ended at -34.28 million shares. The most shares purchased belonged to the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), which purchased 558.51 million shares with a net volume of 239.97 million shares.
Gojek Tokopedia shares bought up, net foreign recorded surplus at 364.05 million shares
18 Aug 2024 13:55
Foreign investors purchased up to 1.37 billion shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) on Wednesday, August 14, for a net volume of 465.11 million shares. This led to a rise in foreign buying volume, which reached 3.32 billion shares. Foreign sales then totalled around 2.96 billion shares, resulting in a net foreign surplus of 364.05 million shares.
MERK’s net profit slipped 48.4% due to high costs of sales
16 Aug 2024 18:33
PT Merck Tbk (MERK), a pharmaceutical company under Merck Holding GmbH from Germany, booked net profit of IDR 47.2 billion in the first half (H1) of 2024.
