JAKARTA – PT Waskita Karya (Persero) Tbk (WSKT) recorded new contract values (NKB) of only IDR 6.8 trillion by the end of October 2024 (10M), still far from its annual target of IDR 14.5 trillion. Despite this, management remains optimistic about achieving the target by December 2024. There have been tender announcements postponed to November...
JAKARTA - More than 5.91 billion shares of PT Bank Sinarmas Tbk (BSIM) were added to the investors portfolio of PT Sinar Mas Multiartha Tbk on Thursday, November 21. Prior to the recent acquisition through PT Sinarmas Sekuritas, this investor had almost 30% of BSIMs shares; nevertheless, the investor now owns nearly 60% of the...
JAKARTA – Foreign investors have been increasingly reducing their holdings in PT Bank BTPN Syariah Tbk (BTPS) over the past week, following a significant drop in the stock price since the beginning of this year. According to data from .com, as of 1:46 PM WIB today (26/11), BTPS stock has plummeted 44.91%, or 750 points,...
JAKARTA - On Friday, November 22, an individual investor by the name of Hapsoro became a new investor in PT Sanurhasta Mitra Tbk (MINA), a property developer in Sanur, Bali. Through PT Trimegah Sekuritas Indonesia Tbk, around375.97 million MINA shares were acquired, giving this investor about 5.73% of the shares. Additionally, Yulisar Khiat continued to...
JAKARTA. Shares of PT Bumi Resources Minerals Tbk (BRMS) attracted the attention of foreign investors, following the announcement of the results of the rebalancing of the MSCI Indonesia Small Cap Index for November 25, 2024 yesterday. In this rebalancing, PT Bumi Resources Tbk (BUMI) and BRMS were retained as index constituents. This was said by...
JAKARTA – PT Waskita Karya (Persero) Tbk (WSKT), a state-owned construction company, has decided to refocus its business strategy on its core operations: construction services, particularly in building, dam and irrigation projects, as well as roads and bridges. According to management, this is part of the company’s effort to improve its financial performance. During WSKT’s...
JAKARTA - Foreign investors stock buying and selling activities on Monday, November 25, set a record high, with a total of 10.24 billion shares purchased and 11.91 billion shares sold. As a result, net foreign volume dropped to -1.66 billion shares. On the top buy list, 64.04 million shares of natural gas company PT Perusahaan...
JAKARTA - Modalku, a fintech P2P lending platform, recorded total crowdfunding of IDR 65.15 trillion until November 2024. The funds were realized in five countries, namely, Singapore, Malaysia, Indonesia, Thailand and Vietnam. Quoted from the Modalku.co.id website, Tuesday (26/11), the realization of funding in November 2024 grew by IDR 1.28 trillion compared to the end...
Sumber Global Energy Tbk (SGER), a coal mining company, has obtained a contract of coal supply to Vietnam of 500,000 metric tons (MT). Michael Harold, Corporate Secretary of SGER, confirmed that the agreement was made with Power Generation Corporation (PGC) as the buyer, and Duyen Hai Thermal Power Company (DHTP) as the seller representative. The...
JAKARTA – PT Trimegah Bangun Persada Tbk (NCKL), commonly known as Harita Nickel, recorded a 17.8% year-on-year (yoy) revenue increase, reaching Rp20.4 trillion as of September 2024. This rise is seemingly attributed to the addition of a production line at NCKLs High-Pressure Acid Leach (HPAL) facility in August 2024. In fact, the nickel processing line...