Higher finance expenses, Kobexindo Tractors lost IDR 41.91 billion
17 May 2024 10:53
PT Kobexindo Tractors Tbk (KOBX), a distributor of heavy equipment and vehicles, reported a loss of IDR 41.91 billion in the first quarter (Q1) of 2024.
PBID officially sets up stock split with 1:4 ratio
17 May 2024 09:37
PT Panca Budi Idaman Tbk (PBID) will split its stock with a ratio of 1:4, meaning that one old share will be split into 4 new shares with a new face value.
Prima Cakrawala takes over 4.44 billion shares of Bank MNC from MNC Land
16 May 2024 15:47
On Wednesday, May 8, up to 4.45 billion shares of PT Bank MNC Internasional Tbk (BABP) exchanged hands. A new investor, PT Prima Cakrawala Sentosa, acquired these shares from PT MNC Land Tbk's stake, resulting in its falling from 16.82% to 6.82%, with Prima Cakrawala now holding 10%. PT MNC Sekuritas facilitated the transaction between these two investors.
Foreign purchase and sell volumes differ slightly; net foreign volume at -118.10 million shares
16 May 2024 12:18
On Tuesday, May 14, share purchasing and selling activities were found to be quite similar, with a foreign buying volume of 2.51 billion shares and a selling volume of 2.63 billion shares. As a result, net foreign volume ended at -118.10 million shares. The energy resources infrastructure company PT Astrindo Nusantara Infrastruktur Tbk (BIPI) had the biggest net volume this time, with around 81.11 million shares, following the purchase of 87.61 million of its shares by foreign investors.
Sale of 504 million Smartfren Telecom (FREN) shares drives net foreign volume to -108.77 million
16 May 2024 12:12
On Monday, May 13, foreign investors were selling 504.19 million shares of the telecommunications company PT Smartfren Telecom Tbk (FREN) for a net volume of -448.64 million shares. This sale contributed to an increase in foreign sell volume to around 3.60 billion shares. Meanwhile, foreign buy volume was only 3.49 billion shares, resulting in a deficit net foreign volume of -108.77 million shares.
KJEN jumped to top gainers
15 May 2024 17:58
The stock of PT Krida Jaringan Nusantara Tbk (KJEN) soared 34.43% until the end of trading session yesterday (15/5), which placed this issuer at the top of the gainer’s list.
Up 60%, PBID sets up dividend of IDR 300 billion
15 May 2024 10:00
The cash dividend of PT Panca Budi Idaman Tbk (PBID) soared 60% in the fiscal year (FY) 2023 to IDR 300 billion from 2022 cash dividend of IDR 187.5 billion.
CHEM soared to top gainers
14 May 2024 18:08
The stock of PT Chemstar Indonesia Tbk (CHEM) soared 35% until the closing bell today (14/5). It then arrives at the top of the gainers’ list in the stock market.
NRCA to allocate dividend of IDR 29 per share
14 May 2024 17:59
Shareholders of PT Nusa Raya Cipta Tbk (NRCA) have agreed upon the dividend allocation for the fiscal year (FY) 2023 of IDR 70.1 billion, or equal to IDR 29 per share, on the AGMS held today (14/5).
NRCA to aim Patimban Toll to begin late 2024
14 May 2024 17:55
PT Nusa Raya Cipta Tbk (NRCA) is targeting the construction of Patimban Access Toll Road in Subang, West Java, to be able to take place later this year.