Gov’t eyes IDR 24 trillion in next week’s SUN auction
26 Jan 2024 13:39
The Indonesian government will hold another auction of Government Securities (lit. Surat Utang Negara/SUN) with an indicative target of IDR 24 trillion next Tuesday (30/1).
Mohammad Arsjad transferred 756 million Red Planet (PSKT) shares to Trajective Mitra
26 Jan 2024 09:53
On Tuesday, January 23, the transfer of 756 million shares of PT Red Planet Indonesia Tbk (PSKT) from individual investor Mohammad Arsjad Rasjid Prabu Mangkuningrat to PT Trajective Mitra Indonesia was the most notable market hint. This number of shares represents 7.3% stakes of the hotel company, leaving Mohammad Arsjad with only 22.46% of the shares. Trajective Mitra purchased these shares from PT Sucor Sekuritas.
Foreign selling volume is stable; net foreign volume closed at negative 101 million shares
26 Jan 2024 09:09
On Wednesday, January 24, foreign sell volume remained stable at around 2.42 billion shares, while foreign buy volume was 2.31 billion shares. The slight discrepancy between the two resulted in a net foreign volume of -101.07 million shares. In this net foreign summary, the highest share sales belonged to the banking company PT Bank Mayapada Internasional Tbk (MAYA), which sold for 101.10 million shares with a net volume of -95.63 million shares. Meanwhile, the best-selling shares were those of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), with a purchase volume of 550.80 million shares and a net volume of 62.69 million.
Investment Minister denies claim of Tesla leaving nickel for EV battery
25 Jan 2024 12:45
The Minister of Investment, Luhut Binsar Pandjaitan, expressed his opinion on the claim of Tesla, Elon Musk’s electric vehicle (EV) manufacturer, quitting nickel for EV battery materials.
Buys shares in Samcro Hyosung Adilestari (ACRO), Tae Sung Chung takes control of 78.41% stakes
25 Jan 2024 11:51
PT Samcro Hyosung Adiwisata Tbk (ACRO), which manufactures and trades hook and loop adhesive products, has recently received a new investment from private investor Tae Sung Chung, who purchased 2.72 billion shares on Monday, January 22. Tae Sung Chung now owns approximately 78.41% of the company as a result of the transaction. Aside from that, PT Sandi Usaha Jaya became a new investor in the property company PT Surya Permata Andalan Tbk (NATO), purchasing 405.67 million shares for a final ownership percentage of 5.07%.
Foreign selling volume is getting higher; net foreign volume closes at minus 300 million shares
24 Jan 2024 20:11
On Tuesday, January 23, foreign sales volume surged again, reaching around 2.25 billion shares. Meanwhile, foreign investors' share purchases resulted in a foreign purchase volume of just 1.95 billion shares, resulting in net foreign shares of -300.89 million. PT GoTo Gojek Tokopedia Tbk (GOTO) shares remained the most sold by foreign investors, with around 403.42 million shares sold and a net volume of -111.75 million shares.
Commissioners and directors buy shares of Panorama Sentrawisata (PANR)
24 Jan 2024 20:06
On Friday, January 19, the board of commissioners and directors of the tourism consulting services company PT Panorama Sentrawisata Tbk (PANR) participated in buying PANR shares. Commissioner Dharmayanto Tirtawisata bought 69.24 million shares of PANR, followed by the main commissioner, Satrijanto Tirtawisata, who purchased 14.65 million shares of the same company. Not only that, both the main director and deputy main director, Budijanto Tirtawisata and Ramajanto Tirtawisata, continued to purchase 11.71 million and 11.32 million PANR shares, respectively. In contrast, PT Panorama Tirta Anugerah's share ownership percentage changed as a result of their absence in the PANR's rights issue, as it now dropped from 47.38% to 44.68%.
Foreign sales of 377 million Gojek Tokopedia shares resulted in a net foreign of -296.46 million shares
24 Jan 2024 19:50
Foreign investors sold 377.28 million shares of digital company PT GoTo Gojek Tokopedia Tbk (GOTO) on Monday, January 22, for a net volume of -168.40 million shares. This sale had a substantial impact on foreign sales volume, which totalled 2.08 billion shares. With a foreign purchase volume of only about 1.78 billion shares, net foreign fell to -296.46 million shares.
Two foreign investors lost some ownership by abstaining from the Bank Mayapada (MAYA) rights issue
24 Jan 2024 19:47
PT Bank Mayapada Internasional Tbk (MAYA) holds a right offering from January 15 to January 19, 2024, with a projected fundraise of 4 trillion Rupiah. Two MAYA foreign investors decided not to participate in this corporate action, so their ownership decreased on Thursday, January 18. The stakes of JPMCB NA RE-Cathay Life Insurance Co., Ltd., based in Taiwan, dropped from 18.85% to 12.46%. This was followed by Galasco Investment Limited, whose shares fell from 12.44% to 8.22%.
A decline in foreign buys resulted in a net foreign volume of -126 million shares
24 Jan 2024 19:46
Foreign buy volume decreased on Friday, January 19, with approximately 1.73 billion shares. Meanwhile, foreign investors generated foreign sales of 1.86 billion shares, resulting in a net foreign volume of -126.15 million.