JAKARTA – The stock performance of PT Nusantara Sejahtera Raya Tbk (CNMA) reportedlyplummeted 18.42% on August 5, 2024, recorded after a year debuting on Indonesia Stock Exchange (IDX). CNMA was closed at IDR 228 per share today (5/8) from the offering price set on August 2, 2024, at IDR 270 per share. Based on IDNFinancials...
Xolare RCR Energy Tbk (SOLA), a company engaged in asphalt manufacturing and trading, booked a loss of IDR 4.19 billion in the first half of 2024. It is in contrast with SOLA’s record in H1 2023, in which the company managed to score net profit of IDR 682.96 billion. In 2023, the company also recorded...
JAKARTA. PT Global Sukses Digital Tbk (DOSS), a retail company and an online marketplace specialised in photography tools, has set the offering price for the shares offered in Initial Public Offering (IPO) to IDR 135 each. With said price level, the proceeds of IPO of DOSS are estimated to reach IDR 60.75 billion. For the...
Dana Brata Luhur Tbk (TEBE), a holding company investing in several infrastructure projects, will distribute interim dividend of IDR 15 per share or IDR 19.27 billion in total. Ayu Yusman, Corporate Secretary of TEBE, mentioned that said plan aligns with the decision made by the board of directors. “It had been approved by the board...
JAKARTA – The net loss ofPT Pyridam Farma Tbk (PYFA) worsened 155.79% year-on-year (yoy) in the first half of 2024 compared to the same period in 2023 although sales growth reached 29.87% yoy. Its profit decline resulted from increased operating expenses. Based on Financial Report of H1 2024 quoted today (5/8), sales were reported at...
JAKARTA – The performance ofPT Samudra Indonesia Tbk (SMDR), an operator of logistics and shipping services, reportedly slowed down in the first half of 2024 due to decline in freight income. As a result, its net profit also dropped 56.50% year-on-year (yoy) from H1 2023. Based on Financial Report of H1 2024 quoted today (5/8),...
JAKARTA – Jakarta Composite Index (JCI) was seen lounging around in the red zone since the opening bell this morning (5/8) until 11 AM WIB. The index was opened at 7,230.39, down from 7,308.12 seen last Friday (2/8). Seen at 11.17 AM WIB, JCI still remained at the red zone, at 7,178.03, lower than its...
Saraswanti Anugerah Makmur Tbk (SAMF), an NPK fertiliser manufacturer and distributor, booked net profit of IDR 216 billion in the first half of 2024, down 13% year-on-year (yoy) from the same period last year. Said decrease is in line with SAMF’s net sales, which only reached IDR 2.41 trillion in H1 2024. They were 12%...
JAKARTA – Indonesia Stock Exchange (IDX) reported market capitalisation growth of 2.02% month-to-month (mtm) to IDR 12.33 quadrillion at the end of July 2024 from IDR 12.09 quadrillion seen on June 30, 2024. PT Bank Central Asia Tbk (BBCA)andPT Barito Renewables Energy Tbk (BREN) frequently swapped the top market cap position in the stock market....
JAKARTA – Statistics Indonesia (lit. Badan Pusat Statistik/BPS) reported inflation arriving at 2.13% in July 2024, sliding down from July 2023’s position at 3.08%. Inflation in July 2024 is also lower than inflation seen earlier this year. Based on BPS data quoted today (2/8), inflation in July 2024 was reported lower than June 2024’s position...