Indonesia’s forex reserves down 3%
13 May 2024 09:53
The foreign exchange (forex) reserves of Indonesia slipped 3% down to USD 136.2 billion in April 2024 from USD 140.4 billion in Mach 2024.
Foreign investors buy up to 3.84 billion shares; net foreign recorded surplus 230.20 million
13 May 2024 09:34
On Wednesday, May 8, foreign investors bought up to 3.84 billion shares. They did, however, sell their shareholdings, resulting in a foreign sell volume of 3.61 billion shares. These trades resulted in a net foreign volume surplus of 230.20 million shares. The most shares acquired belonged to the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), namely 1.50 billion shares, with a net volume of 541.04 million shares.
In need of funding, PTBA’s dividend payout ratio drops to 75%
13 May 2024 08:13
PT Bukit Asam Tbk (PTBA), a coal mining company under state-owned holding of mining companies, MIND ID, decided to only distribute IDR 4.57 trillion of cash dividend this year, or equal to 75% of 2023 net profit.
Indo Tambangraya Megah’s net profit slipped 66% down in Q1
13 May 2024 07:33
PT Indo Tambangraya Megah Tbk (ITMG), a coal mining company under Banpu Minerals (Singapore) Pte. Ltd., only booked net profit growth worth USD 61.6 million in the first quarter of 2024.
FLEI promotes franchise and license industry growth
11 May 2024 17:15
The 22nd edition of Franchise & License Expo Indonesia (FLEI) was officially opened at Jakarta International Expo (JIEXPO), Kemayoran, last Friday (10/5).
SOLA ranks first in top gainers
08 May 2024 18:11
PT Xola Rcr Energy Tbk (SOLA) shares rose 34.55% until the close of trading Wednesday afternoon (8/5). This achievement pushed this issuer to the top of the Top 10 Gainers in the capital market.
Shima Global sold 90 million shares of Energi Mega Persada (ENRG)
08 May 2024 14:54
PT Shima Global Kapital, the owner of 23.81% of PT Energi Mega Persada Tbk (ENRG), reduced its shareholding on Friday, May 3, by selling 90.55 million ENRG shares. Shima Global's ownership of this issuer, which operates in the field of oil and gas exploration and trading, fell slightly to 23.45% due to this sale facilitated by PT KB Valbury Sekuritas.
Dana Brata Luhur reveals port upgrade plans
08 May 2024 14:35
In order to face the slump in coal industry that took a toll on its performance, PT Dana Brata Luhur Tbk (TEBE) prepares a plan to upgrade the status of its port from special terminal for coals to a Port Business Unit.
Weak coal industry, TEBE readies diversification
08 May 2024 14:03
PT Dana Brata Luhur Tbk (TEBE) recorded a significant decline in revenue in Q1 2024 by up to 42.3% year-on-year (yoy) due to slowing-down of coal industry.
Foreign transactions stabilized, net foreign volume remained negative at 269 million shares
08 May 2024 13:48
On Tuesday, May 7, foreign investors' share buying and selling transactions became stable. Foreign buy volume was approximately 2.60 billion shares, while foreign sell volume was around 2.87 billion shares. As a result, net foreign volume concluded at -269.70 million shares. The shares with the largest purchase belonged to the telecommunications company PT Smartfren Telecom Tbk (FREN), which were purchased for 105.18 million shares with a net volume of 83.60 million shares. Meanwhile, the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) had the most shares sold, totaling 901.11 million with a net volume of -187.07 million.