JCI gains strides throughout the day

JAKARTA – Jakarta Stock Price Composite Index (JCI) soared throughout today’s (1/10) session although has yet to fully rebound to 7,500-ish. Monitoring the board until the closing bell, JCI arrived at 7,626.64 at 4 PM WIB today (1/10), much higher than its opening position at 7,559.27 at 9 AM WIB. JCI’s bullish trend throughout the...

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Over 4 billion Gojek Tokopedia shares sold, net foreign volume falls to -318.64 billion shares

JAKARTA - On Wednesday, September 25, shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) were sold in significant numbers, totalling 4.18 billion shares, for a net volume of -122.54 million shares. This transaction helped contribute to the rise of the foreign sales volume at 7.17 billion shares. Meanwhile, foreign buying volume was...

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BI to fully terminate JIBOR in January 2026

JAKARTA - Bank Indonesia (BI), the administrator of Jakarta Interbank Offered Rate (JIBOR), will permanently terminate all publications of JIBOR starting January 1, 2026. Erwin Haryono, Assistant Governor of Department of Communications of BI, mentioned that the announcement of JIBOR termination date could hopefully shed a light for market players, driving them to utilise the...

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BJTM to inject IDR 10 billion in Bank Banten

JAKARTA – Shareholders of PT BPD Jawa Timur Tbk (BJTM)agreed upon extra capital investment channelled toPT BPD Banten Tbk (BEKS)worth IDR 10 billion. The decision was made official during Extraordinary General Meeting of Shareholders last week (26/9). Wioga Adhiarma Aji, Corporate Secretary of BJTM, confirmed that the meeting gave approval regarding the corporate action plan...

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