JAKARTA – The total number of shares traded by foreign investors hit 3 billion on Friday, January 10. Sales volume was higher at 3.57 billion shares, but foreign purchase volume was 3.10 billion shares. On the list of top sell issuers, shares of PT GOTO Gojek Tokopedia Tbk (GOTO) also made a comeback to the...
JAKARTA. Jakarta Stock Price Composite Index (JCI) closed 0.04% or 2.93 points weaker at 7,080.35 last Wednesday (8/1) after gaining a slight jump to 7,083.28 on the day before. Last Wednesday, JCI was seen peaking at 7,129.29, with the lowest point recorded at 7,046.17. Transaction volume reached 16.13 billion shares, with transaction value of IDR...
JAKARTA – Indonesia Stock Exchange (IDX) authorities are closely monitoring PT Petrindo Jaya Kreasi Tbk (CUAN)andPT Tanah Laut Tbk (INDX)after being spotted with Unusual Market Activity (UMA). CUAN and INDX are listed under UMA following sudden and atypical price jump in stock prices, as stated by IDX. “UMA does not necessarily indicate violations against regulations...
JAKARTA – PT Suryalaya Anindita International (SAI), a subsidiary of PT Surya Semesta Internusa Tbk (SSIA), has recently signed a credit agreement with PT Bank Central Asia Tbk (BBCA) for a principal amount of IDR 1.4 trillion. According to todays disclosure (9/1), the credit agreement was signed by SAI and BBCA on January 7, 2024....
JAKARTA – PT Raja Roti Cemerlang Tbk (BRRC), a producer of breadcrumbs, officially debuted on the Indonesia Stock Exchange on Thursday (9/1). In its first trading session, BRRC shares rose by 18.1%, reaching IDR 248 per share at 9 AM WIB. Through its Initial Public Offering (IPO), the company offered around 291.5 million shares, representing...
JAKARTA – PT Raja Roti Cemerlang Tbk (BRRC) has announced plans for its first export of bread crumb products to Australia. The company’s President Director, Ari Sudarsono, confirmed that BRRC has already secured a business partner in Perth, Australia, to execute the initial export. “We have an immediate export opportunity to Australia, specifically to Perth,...
JAKARTA – Indonesias foreign exchange reserves grew by 3.66% in December 2024 to USD 155.7 billion compared to USD 150.2 billion in November 2024. Ramdan Denny Prakoso, Executive Director of Communication Department of Bank Indonesia (BI), explained that the increase in reserves was driven by tax and service revenue, government foreign loan withdrawals, as well...
JAKARTA – PT Hero Global Investment Tbk (HGII) is targeting a threefold increase in revenue and net profit in 2025. Hugo Feber Parluhutan Silalahi, HGIIs Finance Director, stated in a post-IPO press conference on Thursday (9/1) that the company aims for revenue of IDR 95 billion and a net profit of IDR 35 billion in...
JAKARTA – On Tuesday, January 7, the acquisition of 36.22 million SCMA shares by its controller, PT Elang Mahkota Teknologi Tbk, marked the start of market hints or share purchase operations by investors holding 5% or more shares. The subsequent acquisition of 2.45 million shares of PT Batulicin Nusantara Maritim Tbk (BESS), an issuer involved...
JAKARTA - PT Raharja Energi Cepu (REC), shareholder of PT Petrogas Jatim Utama Cendana (PJUC), provides cash-on-call facility of USD 6.90 million for the development of Cepu Block, East Java. According to information disclosure quoted Thursday (9/1), Sumantri, Director of PT Rukun Raharja Tbk (RAJA), confirmed that the transaction is aimed for its business development...