JAKARTA - PT Hero Global Investment Tbk (HGII) has been officially acquired by a Japan-based utility company, Shikoku Electric Power Company (Yonden), by 25%. The acquisition was carried out over 1,62 billion shares, with price set to IDR 200 each, thus bringing total investment value to IDR 325 billion. Robin Sunyoto, President Director, mentioned that...
JAKARTA – A total of 2.47 billion shares were purchased and 3.31 billion shares were sold by foreign investors on Tuesday, January 14, bringing totalnet sell at 832 at million shares. With a net sell of 238.85 million shares, PT GOTO Gojek Tokopedia Tbk (GOTO) was still the one that initiated the shares that made...
JAKARTA. The Composite Stock Price Index (JCI) fell 0.86% or 60.21 points to 6,956.67 on Wednesday (14/1). This is the lowest position of the JCI in the last 7 months of trading. Previously, the JCI had touched its lowest level on June 26, 2024, at 6,905.64. PT Barito Renewables Energy Tbk (BREN) shares were ranked...
JAKARTA – The Indonesia Stock Exchange (IDX) will welcome three new listings on Monday (13/1). According to data from .com, the three companies set to debut are PT Brigit Biofarmaka Teknologi Tbk (OBAT), PT Bangun Kosambi Sukses Tbk (CBDK), and PT Delta Giri Wacana Tbk (DGWG). These firms recently completed their Initial Public Offerings (IPOs)...
JAKARTA – Jakarta Composite Index (JCI) fell by 1.05%, or 75.56 points, to 7,088.87 over the past week, down from 7,164.43 at the close of the previous week’s trading. The average trading volume also declined by 17.37%, to 17.66 billion shares. Meanwhile, the average daily transaction value on the exchange decreased by 10.45% to IDR...
JAKARTA – PT Pertamina (Persero) is set to acquire a 20% stake in Citicore Renewable Energy Corporation (CREC), a renewable energy company based in the Philippines. The announcement was made by CREC in an official statement on Friday (10/1). The acquisition will be carried out through Pertaminas subsidiary, PT Pertamina Power Indonesia (Pertamina NRE). CREC...
JAKARTA – PT Delta Giri Wacana Tbk (DGWG) revealed plans for a new fertilizer plant expansion in Palembang after its Initial Public Offering (IPO) today (13/1). DGWG successfully raised Rp202.94 billion from the IPO, offering 882.53 million shares at Rp230 per share. According to its IPO prospectus, DGWG plans to allocate 53.2% of the funds...
JAKARTA – Stocks of companies that recently held an Initial Public Offering (IPO) ranked among the Top Gainers, with the highest price increases, in the first trading session on Monday (13/1). PT Bangun Kosambi Sukses Tbk (CBDK)took the top spot on the Top Gainers list, with a 25% increase, or 1,015 points. By 1.45 PM...
JAKARTA – PT Astra International Tbk (ASII) reported a total car sales of 482,964 units in the fiscal year (FY) 2024. Despite maintaining its dominant position in the Indonesian automotive market, this figure represents a 13.86% year-on-year (yoy) decrease compared to FY 2023, which recorded 560,717 units. However, car sales in December 2024 showed a...
JAKARTA – PT Bukalapak.com Tbk (BUKA) is set to terminate a number of employees following its business shift to focus exclusively on virtual product services. On the other hand, the stock price of this issuer still shows growth, although it has not moved significantly in afternoon trading on Monday (13/1). In a public disclosure on...