JAKARTA - Foreign investors share purchasing and selling activity on Thursday, December 12, showed a downward trend compared to the previous day, with 3.12 billion shares purchased and 3.24 billion shares sold. The higher foreign selling volume then resulted in a net foreign volume of -120.10 million shares. In first place on the top buy...
JAKARTA – Hermanto Tanoko, owner of Tancorp Group, marked his first granddaughter Holly Natashas 17th birthday with a unique gift—a selection of shares from companies he controls that are listed on the Indonesia Stock Exchange (IDX). Hermanto shared the news in a recent Instagram post, featuring a photo and a caption saying, My wife and...
JAKARTA. Online shopping day commemorated every December 12 did not sustain the uptrend Jakarta Stock Price Composite Index (JCI) has shown since the beginning of the week. Yesterday (12/12), JCI was closed 0.94% lower, or 70.52 index points weaker, at 7,394.24, bringing 3-days positive streak to a halt. Most sectoral indices also showed decline. Out...
JAKARTA. PT Bumi Resources Minerals Tbk (BRMS) is optimistic that gold production this year could surpass 55 thousand troy ounce, much higher than what has been previously set this year, at 35 thousand troy ounce. For the first nine months (9M) of 2024, BRMSs gold production volume had been reported reaching 45,336 troy ounce which...
JAKARTA – PT Delta Dunia Makmur Tbk (DOID), a mining company and mining services contractor, is optimistic about 2025 after successfully acquiring several mines outside Indonesia. One of the key acquisitions is Atlantic Carbon Group, Inc. (ACG), valued at USD 122.4 million or IDR 1.98 trillion. DOID has acquired a majority stake in ACG, one...
JAKARTA – The Ministry of Energy and Mineral Resources (ESDM) is preparing strategies to boost nickel reserves in anticipation of Indonesia Emas 2045. This initiative aims to ensure the continuity and sustainability of the national nickel supply, a significant source of foreign exchange. During the Bisnis Indonesia Economy Outlook 2025 broadcast on YouTube on Tuesday...
JAKARTA – PT Bank IBK Indonesia Tbk (AGRS) posted a 9.75% increase in net profit for Q3-2024 compared to the same period last year, reaching IDR 170.02 billion. Meanwhile, net interest income grew by 15.78%, contributing to an increase in the net interest margin (NIM) from 2.76% to 3.10%. “For the end of 2024, we...
JAKARTA – PT Goto Gojek Tokopedia Tbk (GOTO) has maintained its position at the top of net foreign transactions as of the close of trading on Tuesday (10/12). Yesterday (9/12), GOTO also led the market in net foreign activity. According to data compiled by IDN Financials, GOTO recorded 1.88 billion foreign buys and 1.64 billion...
JAKARTA – The pricePT Chitose Internasional Tbk (CINT)saw 34% increase as of this afternoon (11/12). This price surge temporarily puts CINT at the top of gainers list in Indonesia Stock Exchange (IDX). Based on data compiled by IDNFinancials, CINT arrived at IDR 240 at 11 AM WIB, up IDR 61 from its opening position at...
JAKARTA. Oversea-Chinese Banking Corporation (OCBC) and CIMB Group Holdings Bhd are joining the competition to be the controlling shareholder of PT Bank Pan Indonesia Tbk (PNBN)or Bank Panin, according to 3 insiders quoted by Reuters. In its latest findings, 2 out of these 3 sources mentioned that OCBC and CIMB have submitted non-binding offerings to...