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.
DBS Bank Provides US$60 Million Trading Facility to Chandra Asri
DBS Bank provides a structured trading facility worth US$60 million to PT Chandra Asri Petrochemical Tbk (TPIA), to support the company's efforts to increase the growth of petrochemical product exports from Indonesia.
Bank OCBC NISP Plans to Share Buyback Rp500 Million
PT Bank OCBC NISP Tbk (NISP) plans to buy back its shares with a maximum value of Rp500 million
First Session, JCI Rises 1.1 Percent to 6,300
The Jakarta Composite Index (JCI) at the end of the first trading session today, Monday (22/2), rose 68,320 points or 1.10 percent to 6,300,252.
JCI Opens Up 0.90 Percent at 6,288
The Jakarta Composite Index (JCI) at the opening of trading this morning, on Monday (22/2), rose 56.33 points or 0.90 percent at 6,288.
IDX Suspends Trading of BNBA, Monitors INTI Shares Movement
The Indonesia Stock Exchange temporarily suspends the trading of PT Bank Bumi Arta Tbk (BNBA) shares and monitors the unusual market activity (UMA) of shares of PT Nusantara Inti Corpora Tbk (INTI).
JCI Seen to Weaken Today
The Jakarta Composite Index (JCI) today, on Monday (22/2), has the potential to weaken.
