Unstable prospect, TINS got dropped from 4 indices
28 May 2024 10:28
PT Timah Tbk (TINS) has ben dropped as a constituent from four indices at once following major evaluations.
Now custodian, BTPN to promote investments in capital market
28 May 2024 10:01
PT Bank BTPN Tbk (BTPN) has now secured approval from Financial Services Authority (OJK) as a custodian bank that assists institutional and individual investors, both local and international ones.
Net foreign hits 727.57 million driven by 1.3 billion GoTo share purchase
27 May 2024 18:20
The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) ranked first on the top buy list after foreign investors purchased 1.38 billion shares on Wednesday, May 22, for a net volume of 802.09 million. These trades accounted for more than a third of the overall foreign purchase volume, totaling 3.06 billion shares. Meanwhile, foreign sales volume was 2.34 billion shares, bringing the net foreign volume surplus to 727.57 million shares.
FAPA pockets IDR 50 billion in dividend
27 May 2024 14:02
PT FAP Agri Tbk (FAPA) received an interim dividend payment of IDR 50.35 billion from its subsidiary, PT Riau Agung Karya Abadi (RAKA). The value of dividends paid by this subsidiary is higher than the previous year.
SMKL’s dividend slipped 83.33%
27 May 2024 11:18
The dividend for the fiscal year (FY) 2023 of PT Satyamitra Kemas Lestari Tbk (SMKL) dropped 83.33% compared to FY 2022 dividend.
Barito Renewables Energy now listed in FTSE Global Equity Index
27 May 2024 07:11
PT Barito Renewables Energi Tbk (BREN), a renewable energy company under Barito Pacific Group, has entered FTSE Global Equity Index under the category of the highest market capitalisation in June 2024.
Foreign-sell exceeds 5 billion shares, resulting in net foreign volume of -773.48 million
22 May 2024 15:57
On Tuesday, May 21, foreign share sales transactions reached 5.59 billion shares. Apart from that, share purchases were also significant, although the foreign buy only totaled 4.82 billion shares. As a result, net foreign volume concluded at -773.48 million shares. The most shares sold belonged to PT Bank Mandiri (Persero) Tbk (BMRI) in the banking sector, namely 195.45 million shares, with a net volume of -66.40 million shares.
MB Investment purchased 1.77 billion ITSEC Asia shares, giving it a direct 27.49% ownership
22 May 2024 15:45
On Monday, May 20, foreign company MB Investment Management Pte Ltd made a new investment in PT ITSEC Asia Tbk (CYBR) by purchasing approximately 1.77 billion shares. The transaction, facilitated by PT OCBC Sekuritas Indonesia, gave the Singaporean investor immediate control of 27.49%. Another foreign investor, Rejuve Global Investment Pte Ltd, then increased its stake in pharmaceutical company PT Pyridam Farma Tbk (PYFA) by nearly 50 million shares.
Hillcon Equity stake in Hillcon (HILL) doubled
22 May 2024 15:18
On Friday, May 17, PT Hillcon Equity Management increased its stake in mining holding company PT Hillcon Tbk (HILL) by two-fold. Previously, Hillcon Equity controlled approximately 33.04% of the shares; however, this investor added 851.38 million shares, increasing its share portion to 61.92%. The investor carried out this transaction using three different securities: PT Trimegah Sekuritas Indonesia Tbk, BUT Deutsche Bank AG, and PT CGS International Sekuritas Indonesia.
Foreign investors purchase Gojek Tokopedia shares; net foreign volume recorded surplus 434.01 million
22 May 2024 14:23
On Monday, May 20, foreign investors purchased up to 1.07 billion shares in the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) for a net volume of 109.07 million shares. This transaction boosted foreign buying volume to 3.51 billion shares. Meanwhile, foreign sales totaled around 3.08 billion shares, resulting in a net foreign volume surplus of 434.01 million shares.