OJK: 79 companies in line for IPOs
09 Jul 2024 11:06
The Financial Services Authority (OJK) revealed that as many as 79 companies have entered the Initial Public Offering (IPO) pipeline or queue.
Starting the week, JCI weakened throughout the day
08 Jul 2024 17:33
The Composite Stock Price Index (IHSG) was in the red zone at the start of this week (8/7). The index movement throughout the day weakened below the level of 7,253.37, the index at the end of last week (5/7)
Rights issue causes slight drop in share portion of two major investors in Trans Power Marine (TPMA)
08 Jul 2024 17:15
On Tuesday, July 2, two large investors in PT Trans Power Marine Tbk (TPMA) reported a slight decrease in the portion of their shares due to the rights issue conducted by the issuer of maritime transportation services. First, PT Dwitunggal Perkasa Mandiri, which owns nearly 1.5 billion TPMA shares, previously controlled 54.83% of its stakes. However, this investor now owns only 54.26% of the shares. Then, with 3115.89 million shares, PT Patin Resources' shares fell from 11.55% to 11.43%.
AMMN now holds 71.43% of market cap in metal and mineral industry
04 Jul 2024 15:15
PT Amman Mineral Internasional Tbk (AMMN) books the highest market capitalisation amongst 28 issuers in metal and mineral industry.
Ending June 2024, BREN pushed BBCA and made way to top market cap list
03 Jul 2024 14:33
Market capitalization of PT Barito Renewables Energy Tbk (BREN) arrived at the top, replacing PT Bank Central Asia Tbk (BBCA) from the first position at Top 50 Market Cap of Indonesia Stock Exchange (IDX).
Billions of Vale Indonesia (INCO) shares traded by major investors
02 Jul 2024 17:53
At the end of June, several of PT Vale Indonesia Tbk's (INCO) major investors appeared to be trading billions of shares. On Friday, June 28, PT Mineral Industri Indonesia (Persero), a state-owned company, acquired 1.59 billion shares of the nickel mining company, increasing its ownership from 19.93% to 34.19%. However, INCO's controlling shareholder, Vale Canada Limited, reduced its shares by 780.41 million, followed by Sumitomo Metal Mining Co., Ltd., which sold 282.84 million. These two foreign investors reported remaining ownership of 34.07% in Vale Canada and 11.55% in Sumitomo Metal, respectively.
Three insurance companies reported jumbo net profit in Q1 2024
02 Jul 2024 11:46
Three out of 18 listed insurance companies with market cap of over IDR 3.5 trillion are revealed to score impressive net profit in Q1 2024.
Three major investors in Surya Esa Perkasa (ESSA) actively adding shares
01 Jul 2024 17:43
On Wednesday, June 26, three large investors in natural gas refining and processing company, PT Surya Esa Perkasa Tbk (ESSA), were seen adding shares. First, Garibaldi Thohir acquired 33.30 million shares. Boy previously held approximately 14.32% ownership, which has now increased to 14.51%. Furthermore, PT Akraya International purchased another 27.28 million ESSA shares, increasing its stake to 7.81%. Finally, an individual investor named T. Permadi Rachmat purchased 12.11 million ESSA shares, increasing his shareholding to 7.16%.
Amman Mineral (AMMN) welcomes SAJIR 9 LLC as new 5.77% shareholder
01 Jul 2024 15:08
On Tuesday, June 25, PT Amman Mineral Internasional Tbk (AMMN) welcomed foreign investor SAJIR 9 LLC as a new investor. This investor did not waste any time and annexed 4.18 billion shares, giving it 5.77% ownership.
Stock increases, BREN’s market cap exceeds BBCA once again
28 Jun 2024 15:35
Stock price of PT Barito Renewables Energy Tbk (BREN) moved up IDR 250 this afternoon (28/6) from its opening position at IDR 9,850 per share.
