Bank Indonesia (BI) relaxed the Loan to Value / Financing to Value (LTV / FTV) ratio for loans and property financing to a maximum of 100 percent.
The Jakarta Composite Index (JCI) at the end of trading on Thursday (18/2) fell 27.42 points or 0.44 percent to 6,200.30.
The Board of Governors Meeting of Bank Indonesia (RDG BI) decided to lower the benchmark interest rate (7 Days Reverse Repo Rate / 7DRR) by 25 basis points (bps) from 3.75 percent to 3.5 percent in February 2021.
The Jakarta Composite Index (JCI) at the end of the first trading session today, on Thursday (18/2), rose 21.86 points or 0.35 percent to 6,249.58.
PT Matahari Department Store Tbk (LPPF) in 2020 recorded a net loss of Rp900 billion reversing from a Rp1.4 trillion net profit in the previous year.
The Jakarta Composite Index (JCI) at the opening of trading today, on Thursday (18/2), rose 5.84 points or 0.1 percent to 6,233.57.
PT Indosat Tbk (ISAT) is currently considering the sale of approximately 4,000 of its towers.
The Jakarta Composite Index (JCI) today, on Thursday (18/2), is likely to be corrected again.
PT Adhi Karya (Persero) Tbk (ADHI) said that it bagged Rp 1.1 trillion (excluding taxes) of new contracts in January this year, an increase of 175% compared to the same month in the previous year of Rp.400 billion.
PT Indofood Sukses Makmur Tbk (INDF) has purchased 49% of all shares of PT Indofood Fritolay Makmur (IFL) owned by Fritolay Netherlands Holding BV (Fritolay) with a transaction value of Rp494 billion.
PT Semen Baturaja obtains a syndicated loan facility from a bank consortium with a total value of Rp1.7 trillion.
The Composite Stock Price Index (JCI) at the end of trading today, on Wednesday (17/2), fell 64.67 points or 1.03 percent to 6,226.73.