JAKARTA - On Monday, December 16, foreign investors bought 4.84 billion shares from 946 issuers. On the other side, 3.55 billion shares were sold, yielding a net foreign volume excess of 1.29 billion shares. With a purchase volume of 3.23 billion shares and a net volume of 1.44 billion shares, the digital company PT GoTo...
JAKARTA – PT Lautan Luas Tbk (LTLS) reported a remarkable 120% year-on-year (yoy) increase in net profit attributable to the parent company, reaching IDR 183 billion as of September 2024. According to LTLSs Q3 2024 financial report, this significant profit surge was driven by a 6.38% yoy rise in revenue, which reached IDR 5.73 trillion....
JAKARTA. PT Bangun Kosambi Sukses Tbk (CBDK), a subsidiary ofPT Pantai Indah Kapuk Dua Tbk (PANI), plans an initial public offering (IPO). CBDK is said to offer 566.89 million shares in IPO, which are equal to 10% of issued and paid-up capital. The company also set the price range for the bookbuilding of the shares...
JAKARTA — PT Indofarma Tbk (INAF) is reportedly planning to divest over 50% of company assets, according to the report received by IDNFinancials from Indonesia Stock Exchange (IDX) last Thursday (12/12). Referring to the Financial Report of Q3 2024, Indofarma was seen recording total assets of IDR 758 billion, with non-current assets dominating the portion...
JAKARTA - Amir Sunarko purchased approximately 332.44 million shares ofPT SLJ Global Tbk (SULI)via PT Binaartha Sekuritas on Thursday, December 5. This most recent individual investor then swiftly acquired 5.61% of the forestry and logging companys shares. Foreign investors also appeared to be interested in adding shares. In order to round up its share portion...
JAKARTA. The Composite Stock Price Index (IHSG) throughout last week (9-13/12) showed a decline of 0.79% or 57.99 points to IDR 7,324.79, following the high net selling volume by foreign investors (net foreign sell). Last week, the volume of shares traded was recorded at 116.6 billion shares. The value of shares traded was recorded at...
Trimegah Bangun Persada Tbk (NCKL)acquires a portion of the shares of PT Obi Nickel Cobalt amidst its shares’ mass-divestment throughout the week. The shares acquisition of Obi Nickel was announced by NCKL post-closing bell last Friday (13/12). According to the official disclosure, NCKL purchased 10% of Obi Nickel from Li Yuen, with value set to...
Sumber Alfaria Trijaya Tbk (AMRT), the managing company of Alfamart and Alfamidi retail network, has closed down approximately 400 outlets since the beginning of this year due to their unprofitability. According to Solihin, Corporate Director of AMRT, this decision took place as some of these outlets failed to book profit as they were expected to....
JAKARTA -PT Palma Serasih Tbk (PSGO) is expanding its palm plantation in East Kalimantan by acquiring 100% of PT Sabhantara Rawi Sentosa (SRS) from PT Dhanistha Surya Nusantara (DSN) and PT Surya Nusantara Sawitindo (SNS) last week (12/12). Since last Thursday, PSGO has showed IDR 2 climb from IDR 192 to IDR 194 this morning...
JAKARTA – Interim dividend ofPT Bank Rakyat Indonesia (Persero) Tbk (BBRI)increases 60.7% year-on-year (yoy) this year compared to 2023. This increase further boosts this state-owned bank’s stock in the board this morning (16/12). Based on data compiled by IDNFinancials, BBRI allocates interim dividend of a maximum of IDR 20.46 trillion or IDR 135 per share,...