JAKARTA – Jakarta Stock Price Composite Index (JCI) shifted positively at the beginning of today’s (8/11) session, following the Fed’s decision to lower the interest rate by 25 basis points (bps) yesterday (7/11) local time. Monitoring the board, the index shifted upwards to 7,321.96 at 11 AM WIB, from 7,294.03 seen at the opening bell...
Tera Data Indonusa Tbk (AXIO), a computer manufacturer and trading company, will initiate an interim dividend distribution of IDR 5 per share or IDR 29.2 billion in total. Michael Sugiarto, President Director of AXIO, mentioned that the plan is in line with the decision made by the board of directors a couple of days ago....
JAKARTA - Through PT OCBC Sekuritas Indonesia and PT Trimegah Sekuritas Indonesia Tbk, individual investor Ling Sun purchased 150.17 million shares of PT Koka Indonesia Tbk (KOKA) on Tuesday, November 5. Ling Sun has bought 5.25% of the shares in the issuer, which is a heavy construction and civil engineering firm. Yulisar Khiat, another individual...
JAKARTA – PT Bank Pembangunan Daerah (BPD) Jawa Timur Tbk (BJTM) or Bank Jatim is ready to stand as a holding bank of Banking Business Group (lit. Kelompok Usaha Bank/KUB), overseeing five regional banks. These five banks in question include Bank NTB Syariah, Bank Lampung, PT BPD Banten Tbk (BEKS), Bank Sultra, and Bank NTT....
JAKARTA - The parent company of PT Bumi Resources Minerals Tbk (BRMS), PT Bumi Resources Tbk, acquired 80 million shares of the company on Wednesday, November 6. With the help of PT Trimegah Sekuritas Indonesia Tbk, this investors share portion increased from 5.34% to 5.4%. BRMS is a subsidiary of Bumi Resources, which primarily operates...
JAKARTA – The Indonesian government is once again scheduling an auction of Government Securities (lit. Surat Utang Negara/SUN) next Thursday, November 14, 2024, with an indicative target of IDR 22 trillion. There will be 8 series of SUN that will be auctioned off in this round, according to Directorate-General of Budget Financing and Risk Management...
JAKARTA – PT Bank Negara Indonesia (Persero) Tbk or BNI, through its mobile banking application, wondr by BNI, continues its expansion to explore major cities in the world. This time, wondr by BNI also supports Indonesia Week Hong Kong 2024, which is organized by the Consulate General of the Republic of Indonesia in Hong Kong...
Kurniamitra Duta Sentosa Tbk (KMDS), a food and beverages (F&B) company, announces the distribution of interim dividend of IDR 15 per share, or a total of IDR 12 billion. Dewi Irianty Wijaya, Director of Finance of KMDS, mentioned that the plan is in line with the decision of the board of directors made a couple...
Semen Indonesia (Persero) Tbk (SMGR), a cement manufacturer primarily owned by the Indonesian government, booked net profit of IDR 719.72 billion within the first nine months (9M) of 2024. Said number dropped 58% year-on-year (yoy) from the same period last year, in which SMGR managed to bring in net profit of IDR 1.71 trillion. Within...
MD Entertainment Tbk (FILM) recorded net profit of IDR 102.9 billion within the first nine months (9M) of 2024, up 20.8% year-on-year (yoy) from the same period last year. This profit growth goes hand-in-hand with FILM’s revenue in 9M 2024 that reached IDR 348.1 billion. Its revenue increased 18.6% yoy from IDR 293.6 billion in...