Gov’t eyes IDR 24 trillion in next week’s SUN auction
26 Jan 2024 13:39
The Indonesian government will hold another auction of Government Securities (lit. Surat Utang Negara/SUN) with an indicative target of IDR 24 trillion next Tuesday (30/1).
FORU remained as top gainers
26 Jan 2024 10:42
PT Fortune Indonesia Tbk (FORU) still held onto its top gainers’ title with 34.67% surge in its price until yesterday’s (25/1) closing bell.
Mohammad Arsjad transferred 756 million Red Planet (PSKT) shares to Trajective Mitra
26 Jan 2024 09:53
On Tuesday, January 23, the transfer of 756 million shares of PT Red Planet Indonesia Tbk (PSKT) from individual investor Mohammad Arsjad Rasjid Prabu Mangkuningrat to PT Trajective Mitra Indonesia was the most notable market hint. This number of shares represents 7.3% stakes of the hotel company, leaving Mohammad Arsjad with only 22.46% of the shares. Trajective Mitra purchased these shares from PT Sucor Sekuritas.
Solid credit disbursement brought BCA’s net profit to grow 48.6% in 2023
26 Jan 2024 09:41
PT Bank Central Asia Tbk (BBCA), the bank with the highest market capitalisation in Indonesia, recorded net profit of IDR 48.6 trillion in 2023.
Pyridam Farma eyes IDR 400 billion through bonds’ issuance
26 Jan 2024 09:26
PT Pyridam Farma Tbk (PYFA), a pharmaceutical company under Rejuve Global Investment, will issue its Shelf-Registration Bonds I of PYFA Phase III Year 2024, with a total principal of IDR 400 billion.
Foreign selling volume is stable; net foreign volume closed at negative 101 million shares
26 Jan 2024 09:09
On Wednesday, January 24, foreign sell volume remained stable at around 2.42 billion shares, while foreign buy volume was 2.31 billion shares. The slight discrepancy between the two resulted in a net foreign volume of -101.07 million shares. In this net foreign summary, the highest share sales belonged to the banking company PT Bank Mayapada Internasional Tbk (MAYA), which sold for 101.10 million shares with a net volume of -95.63 million shares. Meanwhile, the best-selling shares were those of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), with a purchase volume of 550.80 million shares and a net volume of 62.69 million.
Buys shares in Samcro Hyosung Adilestari (ACRO), Tae Sung Chung takes control of 78.41% stakes
25 Jan 2024 11:51
PT Samcro Hyosung Adiwisata Tbk (ACRO), which manufactures and trades hook and loop adhesive products, has recently received a new investment from private investor Tae Sung Chung, who purchased 2.72 billion shares on Monday, January 22. Tae Sung Chung now owns approximately 78.41% of the company as a result of the transaction. Aside from that, PT Sandi Usaha Jaya became a new investor in the property company PT Surya Permata Andalan Tbk (NATO), purchasing 405.67 million shares for a final ownership percentage of 5.07%.
Popular among domestic investors, FORU secured top gainers
25 Jan 2024 11:23
PT Fortune Indonesia Tbk (FORU) is crowned the top gainers, after scoring 34.53% increase at yesterday’s (24/1) closing bell.
Coal price declining, BYAN still pushes coal production to increase 18.7% this year
25 Jan 2024 11:13
PT Bayan Resources Tbk (BYAN), a coal mining company owned by Dato’ Low Tuck Kwong, sets the target for coal production to hit over 57 million tons this year.
Bank OCBC NISP targets Bank Commonwealth acquisition to be completed in May 2024
24 Jan 2024 21:11
PT Bank OCBC NISP Tbk (NISP) has obtained approval from the Financial Services Authority (OJK) regarding the plan to acquire shares in PT Bank Commonwealth.
