PT Krakatau Steel Tbk (KRAS) will reactivate the Blast Furnace Complex after appointing Baowu Group Zhongnan Co. Ltd. as a strategic partner in the operation of the Blast Furnace facility, which has not been operated for several years.

Positive sentiment in global and regional markets has triggered the strengthening of the Jakarta Composite Index (JCI) at the opening of trading on Thursday (9/29) by 19.52 points.

PT Caraka Reksa Optima owns about 89.80%, or 905.70 million shares of PT Petrosea Tbk (PTRO).

The Indonesia Stock Exchange (IDX) is currently monitoring the development of the share price of PT Telefast Indonesia Tbk (TFAS).

The Jakarta Composite Index (JCI) in trading on Thursday (9/29) has the potential to weaken.

The business entity of PT Indika Energy Tbk (INDY), PT Indika Mineral Investindo (IMI), has completed the acquisition of 100% of the shares of PT Perkasa Investama Mineral (PIM).

PT Bank Raya Indonesia Tbk (AGRO) recorded a decrease in profit for the period attributable to owners of around 41.34% to Rp15.379 billion in the first half of this year from the same period last year of Rp26.218 billion.

PT Bank Victoria International Tbk (BVIC) plans to sell 80%, or 288 million PT Bank Victoria Syariah shares, to PT Victoria Investama Tbk (VICO).