PT Satria Antaran Prima Tbk (SAPX) has decided to cancel the stock split plan.

PT Krakatau Steel (Persero) Tbk with PT Perusahaan Pengelola Asset (Persero) (PT PPA) signed a Memorandum of Understanding (MoU) for Cooperation in Fulfilling the Need for Steel Products and other potential forms of cooperation.

PT Bahana TCW Investment Management (Bahana TCW) as of April 2021 recorded that the managed funds or Asset Under Management (AUM) of Sukuk-based sharia mutual funds reached Rp107.95 billion or grew 61.53% from Rp66.83 billion in the same period last year.

The General Meeting of Shareholders (GMS) of PT Merdeka Copper Gold Tbk (MDKA) approved the plan to buy back (buyback) of shares as much as 1% or a maximum of 229,033,658 shares with a maximum allocation of funds of Rp530 billion.

PT Krakatau Steel (Persero) Tbk succeeded in producing the first Hot Rolled Coil (HRC) from the Hot Strip Mill 2 (HSM 2) factory with a capacity of 1.5 million tons per year.

The selective buying action undertaken by market players was the driving force behind the strengthening of the Jakarta Composite Index at the opening of trading on Tuesday (18/5) by 2.22 points.

The Jakarta Composite Index at the opening of trading on Tuesday (18/5) has the opportunity to be corrected by moving to the support level of 5,787 and resistance at 5,877