Busrul Iman: Banking Business Group benefits us
08 Nov 2024 13:38
PT Bank Pembangunan Daerah (BPD) Jawa Timur Tbk (BJTM) or Bank Jatim is ready to stand as a holding bank of Banking Business Group (KUB), overseeing five regional banks.
Ling Sun owns 5.25 percent of Koka Indonesia (KOKA) shares after purchasing 150 million shares
08 Nov 2024 13:26
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.
Tera Data Indonusa to channel interim dividend of IDR 29.2 billion
08 Nov 2024 12:58
PT 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.
Morning session saw JCI hiked to the green zone
08 Nov 2024 11:15
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.
Great market potential, BEER to introduce new product
08 Nov 2024 09:41
PT Jobubu Jarum Minahasa Tbk (BEER), an alcoholic beverage manufacturer, has launched a new variant of its wine, Anggur Pink (pink wine or rosé), which is believed to have an extensive market niche.
Slowing down inflation, the Fed lowers interest rates by 25 bps
08 Nov 2024 09:29
Central Bank of the United States of America or the Fed announced the interest-rate cut of 25 bps to 4.5%-4.75% on Thursday (7/11).
FWCT to issue interim dividend of IDR 3 per share
08 Nov 2024 09:10
PT Wijaya Cahaya Timber Tbk (FWCT), a plywood manufacturer established circa 2017, announces interim dividend distribution of IDR 3 per share, or a total of IDR 5.63 billion.
Foreign buy exceeds 4 billion shares, net foreign volume surplus at 181.96 million shares
07 Nov 2024 19:21
On Wednesday, November 6, foreign investors’ shares purchases hit up to 4.67 billion shares. Meanwhile, foreign sales volume stood at 4.49 billion shares, resulting in a net foreign volume surplus of 181.96 million shares. The mineral mining business PT Bumi Resources Minerals Tbk (BRMS) had the most shares purchased, totalling 882.48 million shares with a net volume of 529.70 million shares.
Forex reserves arrived at USD 151.2 billion in October 2024
07 Nov 2024 16:45
Indonesia’s foreign exchange (forex) reserves as of October 2024 were recorded at USD 151.2 billion, up from USD 149.9 billion in September 2024.
XL Axiata’s net profit soared 31.7%, now reaching IDR 1.32 trillion
07 Nov 2024 16:31
PT XL Axiata Tbk (EXCL), one of the biggest telecommunication service providers in Indonesia, posted net profit of IDR 1.32 trillion within the first nine months (9M) of 2024.