A year debuting, 4 issuers plummeted
11 Jul 2024 11:30
A year into their debuts, the performance of four issuers was seen plummeting compared to their starting lines on July 10, 2023.
Excels in market cap category, MASA’s dividend can’t beat AUTO
10 Jul 2024 14:10
PT Multistrada Arah Sarana Tbk (MASA) reported the highest market capitalisation amidst several automotive component manufacturers in Indonesia.
JCI stays in green zone throughout the day
09 Jul 2024 18:06
The Composite Stock Price Index (IHSG) throughout Tuesday (9/7) moved positively compared to yesterday (8/7). The index closed at 7,269.80, up from when transactions opened at 7,251.38 at 09.00 WIB.
Purchasing 260 million shares; Okansa Fuji Shosha now owns 20% of Fuji Finance (FUJI)
09 Jul 2024 16:19
PT Okansa Fuji Shosha purchased 260 million shares of PT Fuji Finance Indonesia Tbk (FUJI) on Friday, July 5, and immediately held 20% of them. Fuji Finance is a multi-finance company that offers investment financing, working capital financing, multi-purpose financing, invoice financing, and bridge financing. PT Caraka Reksa Optima also purchased 185.14 million shares of PT Petrosea Tbk (PTRO), a mining, infrastructure, and oil and gas services company.
Lim Susan purchased 513 million Taxi Express (TAXI) shares
09 Jul 2024 15:29
On Thursday, July 4, taxi service provider PT Express Transindo Utama Tbk (TAXI) welcomed Lim Susan as a new investor. She purchased 513.45 million TAXI shares, acquiring a 5.02% share portion immediately. Aside from that, foreign investor Maybank Global Growth Fund VCC-Maybank Global Growth Fund 1 became PT Citra Borneo Utama Tbk (CBUT), the palm oil company's newest investor, owning 10.34% of its shares. Maybank Global obtained this ownership by purchasing 323.18 million shares of CBUT.
Three Vale Indonesia (INCO) investors reported decline in share portion
09 Jul 2024 11:32
As a result of PT Vale Indonesia Tbk's (INCO) divestment, three of its largest investors saw a decrease in share portion but no change in the number of shares owned on Wednesday, July 3. The state-owned company PT Mineral Industri Indonesia (Persero), which owns 3.58 billion shares in this nickel mining company, saw its share percentage fell from 34.03% to 34%. Then, foreign investor Vale Canada Limited saw its share portion fall from 33.91% to 33.88% of the 3.57 billion shares it owned. Finally, Sumitomo Metal Mining Co., Ltd., another foreign investor with 1.21 billion shares, saw a decrease in share ownership from 11.5% to 11.48.
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.