Indal Aluminium Industry Tbk (INAI) has granted extra capital worth IDR 102 billion to one of its subsidiaries, PT Indalex. Ariawan Wiradinata, Corporate Secretary of INAI, said that this extra capital is given according to the decision made during General Meeting of Shareholders of Indalex in July 2024. Said meeting agreed that PT Indal Investindo,...
JAKARTA. PT Bank Central Asia Tbk (BBCA) announces interim dividend distribution of IDR 50 per share, or IDR 6.16 trillion in total. Linda Chandrawati, Group Head of BBCA, mentioned that the plan is arranged according to the decision of the board of directors made a couple of days ago. “It had been approved by the...
JAKARTA. PT TBS Energi Utama Tbk (TOBA), a company engaged in several business lines in energy industry, will hold a buyback of 816.78 million shares at most, or equal to 10% of total issued and paid-up capital of the company. The management of TOBA mentioned that the company will use up its internal cash for...
JAKARTA. PT PP (Persero) Tbk (PTPP) booked new contracts worth IDR 24.4 trillion until October 2024, equal to 76.25% of 2024 new contract target. According to IDNFinancias record, PTPP aims to secure new contracts worth IDR 32 trillion this year. Last August, when new contracts were still recorded at IDR 17.4 trillion, the management of...
JAKARTA – Market capitalisation of 934 issuers in Indonesia Stock Exchange (IDX) reportedly increased 1.15% month-to-month (mtm) in October 2024 from September 2024. However, market cap was reportedly contracted 4.9% mtm in September from August 2024. Based on the data compiled by IDNFinancials today (12/11), total market cap was recorded at IDR 12.69 quadrillion in...
JAKARTA - More than 400.17 million shares of PT Modernland Realty Tbk (MDLN) were taken over from PT Panin Sekuritas Tbk by PT Honoris Corporindo Pratama on Thursday, November 7. During the transaction, Panin Sekuritas saw a share drop from 18.48% to 15.29%, while Honoris Corporindo increased its ownership from 10.17% to 13.36%. Furthermore, it...
JAKARTA - On Monday, November 11, share purchase transactions by foreign investors increased and ended at 4.53 billion shares. Foreign sales volume then totaled 3.90 billion shares, resulting in a net foreign volume surplus of 633.44 million shares. On the top buy list, there were two shares purchased up to 1 billion shares, namely shares...
JAKARTA - Foreign investors sold up to 1.40 billion shares of PT GoTo Gojek Tokopedia Tbk (GOTO), resulting in a net volume of -394.68 million shares. This transaction then led to an increase in foreign sales volume of 4.96 billion shares. Meanwhile, foreign buying volume was 3.97 billion shares, resulting in a net foreign volume...
JAKARTA - Foreign share purchases on Friday, November 8, fell from the previous day, totaling 3.16 billion shares. With a slight difference, the foreign sales volume was 3.38 billion shares. As a result, net foreign volume closed at -215.52 million shares. Foreign investors then began buying 1.31 billion shares of the digital corporation PT GoTo...
JAKARTA. PT Buana Lintas Lautan Tbk (BULL) still has yet to conclude the plan of selling its treasury shares, which were obtained from the buyback in 2020. Wong Kevin, Director of BULL, mentioned that this is due to the stock price that is still below the average buyback price back in late 2020. Therefore, he...