IDX Lifts Suspension of TFAS
The Indonesia Stock Exchange (IDX) re-opened the stock trading of PT Telefast Indonesia Tbk (TFAS) on the regular market and the cash market starting the trading session I, Tuesday (23/2).
IDX Monitors Irregular Movements of ARTO, COCO, MARI Shares
The Indonesia Stock Exchange is currently monitoring the movement of shares of PT Bank Jago Tbk (ARTO), PT Wahana Interfood Nusantara Tbk (COCO), and PT Mahaka Radio Integra Tbk (MARI).
JCI Today Seen Weakening
The Jakarta Composite Index (JCI) today, on Tuesday (23/2), is expected to move lower.
Harum Energy Unit Acquires 24.5 Percent of Infei Metal for US$68.6 Million
The unit of PT Harum Energy Tbk (HRUM), PT Tanito Harum Nickle, has purchased 259,603 new shares or 24.5% of the total shares issued by PT Infei Metal Industry (IMI) for US$68.6 million.
JCI Ends Rising 0.38 Percent to 6,255.31
The Jakarta Composite Index (IHSG) at the end of trading today, on Monday (22/2), gained 23.38 points or 0.38 percent to 6,255.31.
BI Critics Banks on Slow Respond to Rate Cut
Bank Indonesia (BI) is not satisfied with the current position of bank lending rates. Since last June 2019, BI has cut the 7-day reverse repo rate (7DRRR) by 225 basis points to the level of 3.5 percent. However, bank credit interest is still relatively high.