IDX targets 66 companies to debut on stock market by 2025
02 Jan 2025 16:55
IDX optimistic that there will be many IPOs this year, amidst the high shadow of interest rates.
Erajaya enters electric vehicle industry
02 Jan 2025 10:37
PT Erajaya Swasembada Tbk (ERAA) is expanding its business portfolio as official distributor of Chinese-manufactured electric vehicle under the brand XPeng, through its affiliated entity, PT Era Inovasi Otomotif (EIO).
Standing in for Prabowo, Sri Mulyani opens first trading day
02 Jan 2025 10:12
Ministry of Finance, Sri Mulyani Indrawati, commence the first trading session of the year at Indonesia Stock Exchange (IDX), standing in for President Prabowo Subianto.
IDX’s IPO target remains unachieved this year
30 Dec 2024 14:39
The realised number of issuers debuting on Indonesia Stock Exchange (IDX) this year arrives below the specified target at 62 companies.
Sido Muncul to ready capex of IDR 175 billion in 2025
18 Dec 2024 07:32
PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO) will allocate capital expenditure of approximately IDR 150-175 billion next year.
VAT will officially increase to 12% starting early next year
16 Dec 2024 17:00
The Indonesian government has officially announced an increase in Value Added Tax (VAT) to 12% and will take effect from January 1, 2025.
Significant price changes, IDX determines UMA status for these 3 shares
16 Dec 2024 15:50
The Indonesian Stock Exchange (BEI) determined Unusual Market Activity (UMA) status for the shares of 3 issuers because their price movements were considered unusual.
JCI corrected 0.94% to 7,324.79, foreigners recorded net sell
13 Dec 2024 17:21
The Composite Stock Price Index (IHSG) in trading on Friday (13/12) today closed down 0.94% or 69.45 points to 7,324.79, following the weakening of all sectoral indices.
Price shrank, foreign investors rake in 92.55 million of EXCL’s shares
12 Dec 2024 10:16
Seeing the opportunities, foreign investors reportedly acquired millions shares of PT XL Axiata Tbk (EXCL) when its price was at downtrend yesterday (11/12).
Disapprove of merger? EXCL and FREN offer buyback
12 Dec 2024 08:45
PT XL Axiata Tbk (EXCL) and PT Smartfren Telecom Tbk (FREN) give an escape for minority shareholders disapproving of the merger through buyback option.