Home » Indonesia stock exchange » Page 2
Tag:

Indonesia stock exchange

Business

IDX Stocks Suspended: Shares Skyrocket Amidst Sharp Price Increases

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Six Indonesian stocks experienced dramatic price increases on June 23, 2025, triggering automatic market halts by the Indonesia Stock Exchange (IDX). The surge in trading activity prompted temporary suspensions for ASPI and ARCI alongside four othre equities.

The IDX implemented the “automatic circuit breaker” mechanism-designed to curb excessive volatility-after important gains in share prices. Sraj experienced the most considerable rise,climbing 288.6% to Rp 840 per share. Meanwhile, BNBA increased by 35.7% to Rp 1,495 per share, and BRPT rose 34.6% to Rp 1,890 per share. Other stocks affected included GIMO, which jumped 25.8% to Rp 1,485 per share, dan WIKA, up 24.4% to Rp 3,390 per share, and akhirnya, MIRA, which increased 6.0% to rp 99 per share. The IDX halted trading in ASPI and ARCI following the sharp increases.

0 comments
0 FacebookTwitterPinterestEmail
Business

Heal Shares: Djarum Group Buys Stake in Massive Transaction

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Rp2.4 Trillion Share Transaction Completed Outside Exchange

jakarta,Indonesia – September 14,2025 – A critically important transaction involving shares of PT Healthcare Nusantara Tbk (HEAL) totaling Rp2.4 trillion occurred outside of the Indonesia Stock Exchange (IDX) today, September 14, 2025. The deal was executed without any affiliation between the involved parties, according to reporting by CNBC Indonesia.

This off-exchange block trade represents a substantial shift in HEAL’s ownership structure and raises questions about potential strategic implications for the healthcare company. Such transactions, while permissible, are closely watched by market observers as they can influence stock price dynamics and investor confidence. The absence of an IDX listing for this transaction suggests a privately negotiated agreement between major stakeholders.

Details regarding the specific parties involved in the Rp2.4 trillion deal were not immediatly disclosed. However, the transaction’s size indicates the participation of institutional investors or high-net-worth individuals.

Following the reported HEAL transaction, shares of DATA were also subject to a tender offer from the Djarum Group at a price of Rp 974 per share.

0 comments
0 FacebookTwitterPinterestEmail
Business

Title: Foreign Investors Sell Rp 10.77 Trillion in JCI Stocks

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Foreign Investors dump ⁤Indonesian​ Stocks, Triggering Rp 10.77 Trillion Outflow

Jakarta, Indonesia ⁢- Foreign investors pulled Rp 10.77 trillion (approximately $687 million USD) from the Indonesian ‌stock market‍ on Friday, September ‍12, 2025, marking⁢ a meaningful shift in sentiment and raising concerns about potential market volatility. ‌the sell-off spanned multiple ‌sectors, impacting both blue-chip companies and emerging players.

this substantial ‌outflow comes amid [insert relevant context here – e.g., global economic uncertainty, rising US Treasury yields, domestic political developments, etc.].The movement affects ​not only investor portfolios but also the overall stability of the Indonesian Rupiah and the potential ​for future foreign direct investment. Analysts will be closely watching subsequent⁢ market activity to determine if this represents a short-term ⁢correction ​or the beginning of a more prolonged trend.

The heaviest selling pressure centered on PT ⁢Medicaloka Hermina Tbk (HeAL), with Rp 774.6 billion in shares traded through ⁣negotiable ⁢market transactions. PT​ Bank Mandiri Tbk (BMRI), a leading state-owned bank, ⁢also experienced ⁢significant foreign divestment totaling Rp 128.6 billion.Shares of companies ⁤linked to conglomerate Prajogo Pangestu also faced selling, including ⁣PT​ Barito Pacific tbk (BRPT) at rp 80.2 billion, PT Adaro ​Energy Indonesia Tbk ​(ADRO) at Rp 58.0 billion, and PT Nusantara Sejahtera⁢ Raya Tbk (CNMA)​ at Rp 47.4 billion.

Additional stocks facing⁤ foreign selling included PT Cisarua Mountain Dairy Tbk (CMRY) at Rp 31.1 ⁢billion, PT Kalbe Farma Tbk (KLBF) at ⁤Rp 24.7 billion, PT merdeka Copper gold Tbk ⁢(MDKA) at Rp 23.3 billion, PT Surya Esa Perkasa Tbk‌ (Essa) at Rp 21.5 billion, and PT Wir Asia⁢ Tbk ⁤(WIRG).

Despite the broad-based ​selling, certain ⁢stocks continued to attract foreign investment. PT Bank Rakyat Indonesia Tbk (BBRI) led net ‍foreign inflows with Rp 300.2 billion, followed by PT Bank Central Asia Tbk⁤ (BBCA) at Rp⁤ 121.1 billion and PT Singaraja Putra Tbk at Rp 82.0 billion.

Commodity and‌ energy ​stocks also saw inflows, with‍ PT Bumi Resources Minerals Tbk (BRMS) attracting Rp 71.8 billion, PT Amman ‌Mineral International Tbk (AMMN) receiving Rp 62.9 billion, and PT Aneka Tambang‌ Tbk (ANTM) gaining Rp 53.1 ⁢billion.

0 comments
0 FacebookTwitterPinterestEmail
Business

Title: Gold Stocks Surge: 5 Shares to Watch for Potential Gains

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

gold Stocks Surge as US Labor Report⁢ Fuels Rate Cut Bets

Jakarta, Indonesia – Indonesian-listed gold⁤ stocks are continuing an upward trend,⁤ bolstered by record-high ⁢global gold prices driven by a weaker-than-expected US Labor report⁢ and increasing expectations ‍of a Federal Reserve interest rate cut in September. The report, released Friday, showed employment growth of just 22,000 ⁢in august – significantly below‍ economists’ projections.According to a screening‌ of shares utilizing ⁣trend-following analysis, five gold stocks are currently exhibiting⁢ a “Strong Bullish” phase, presenting a potential opportunity⁤ for investors.

World gold prices reached a new trading record on Friday as the US Labor Report strengthened expectations for⁤ a Fed rate cut. Gold bars,⁤ alongside other ​metal prices, are poised ⁢for their third consecutive weekly increase, benefiting​ from a weakening⁣ dollar and growing confidence in ‍a​ September⁤ rate reduction. Increased demand for safe-haven assets, triggered by concerns over swelling government debt in developed countries and uncertainty surrounding US import tariffs and the Fed’s independence,​ also ‍contributed to the price surge.

Several Fed officials have signaled​ openness​ to cutting interest rates ‍to address⁢ cooling ​signs ⁤in the US ⁤labor market. The CME Fedwatch Tool currently ​estimates a⁣ near 100% probability of‌ a 25 basis point rate cut ⁢at the September 16-17 meeting.

Disclaimer: This ⁢article is a journalistic product from CNBC​ Indonesia Research.This analysis ⁣is not intended to encourage readers to buy, hold,⁣ or sell related investment products or sectors. The decision rests solely with the reader, ‍and we are not responsible for any resulting losses or profits.

CNBC INDONESIA RESEARCH
[email protected]

(saw/saw)

0 comments
0 FacebookTwitterPinterestEmail
Business

KAI Suffers $1 Trillion Loss on Indonesia’s Whoosh Train Project

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

KAI Reports Nearly‍ Rp1 Trillion Loss on Jakarta-Bandung‍ High-Speed Rail Project

Table of Contents

Jakarta – State-owned railway ⁣company PT Kereta‍ Api Indonesia (Persero), ⁣or KAI, recorded a loss approaching Rp1 trillion ⁢(approximately $65.4 million USD) ⁤on the Jakarta-Bandung high-speed railway project, known as Whoosh, during ⁢the first semester of‌ 2025. ​The financial setback stems from KAI’s majority stake in PT Pilar Sinergi BUMN Indonesia ‍(PSBI), the consortium managing the ambitious infrastructure undertaking.

Financial Strain on KAI

The⁢ loss, totaling Rp951.48 billion ‍as of June 2025, is detailed in KAI’s consolidated financial statements. ​ KAI holds a 58.53 percent ownership share in ‍PSBI. ​ ​Extrapolating these figures, a full-year loss is estimated to reach ⁢approximately Rp1.9 trillion, a decrease from the⁤ Rp2.69 trillion loss recorded in 2024, but ⁤still representing a important financial burden⁢ for the state-owned enterprise.

The data was ‌disclosed in a management statement released to the Indonesia Stock Exchange (IDX) on Saturday, August 16, ‍2025. PSBI’s ownership ‌extends⁤ beyond KAI, ‌including stakes held by‍ PT‌ Wijaya ‍Karya ⁤(Persero) Tbk (WIKA) and PT⁣ Jasa Marga (Persero) tbk (JSMR).

project Challenges and Cost Overruns

The formation of PSBI‍ was a strategic ​response to⁣ the funding and management complexities of ⁣the Whoosh project, which encountered hurdles related to land acquisition and evolving construction designs. The‌ total investment for the high-speed rail ⁢line reached $7.2 billion (Rp116.54‌ trillion,based on an exchange rate of Rp16,186 per⁤ US dollar),including $1.2 billion (Rp19.42 trillion) in cost overruns. These escalating costs are now a priority ​for restructuring by the Indonesia‍ Investment Authority.

did You Know? The Jakarta-Bandung high-speed rail line is Indonesia’s first of its kind, aiming to revolutionize transportation between ‌the two major cities.

The ​financial impact of Whoosh began to affect KAI’s statements following ‍the project’s commercial launch in October‍ 2023. Currently, ⁤revenue generated by the railway has not yet offset the ample investment and operational expenses.

Key Project​ Figures

Metric Value
First Semester Loss (2025) Rp951.48 billion
Estimated​ Full-Year Loss (2025) Rp1.9 trillion
Full-Year loss ‍(2024) Rp2.69 trillion
Total Project Investment $7.2 billion ⁢(Rp116.54 ⁣trillion)
Cost Overruns $1.2 billion (Rp19.42 trillion)

Pro⁣ Tip: Understanding the complexities of infrastructure projects like Whoosh requires considering not only direct costs but also potential economic ⁢benefits and long-term ⁤sustainability.

What long-term ⁣strategies ‌can KAI‍ implement to ensure the financial viability of the Jakarta-Bandung high-speed rail⁤ project? And ​how will these losses impact future⁢ infrastructure investments ‍in Indonesia?

The Indonesian government has long prioritized infrastructure advancement as a key⁣ driver of economic growth. According⁢ to the World bank, investments ⁣in infrastructure are crucial for improving connectivity, reducing logistics costs, ‌and ⁤attracting foreign investment (World bank Infrastructure Overview). However, projects of this scale often⁤ present significant financial ​risks, as evidenced by the current situation ⁤with the Whoosh railway.

Furthermore,effective risk ​management and transparent financial reporting are essential for maintaining investor⁣ confidence and ensuring the success of large-scale infrastructure initiatives. A study ⁣by McKinsey ‍& Company highlights the importance of robust ‍project governance and proactive cost⁤ control measures in ⁣mitigating financial⁤ risks in infrastructure projects (McKinsey Infrastructure Insights).

The challenges faced by the Whoosh project underscore the ⁤broader complexities of⁢ large-scale infrastructure development in emerging economies.Factors such as⁢ land ⁣acquisition​ difficulties, regulatory hurdles, and fluctuating exchange⁤ rates can considerably impact project costs and timelines. ‍ Looking ⁢ahead, a focus on enduring⁤ financing models, public-private partnerships, and enhanced project management practices will be crucial ​for‌ ensuring the long-term success of Indonesia’s ⁤infrastructure ambitions.

Frequently⁤ Asked Questions about the Jakarta-Bandung ⁢High-Speed‌ Rail

  • What is the Whoosh railway? It’s Indonesia’s first high-speed railway,connecting Jakarta and⁢ Bandung.
  • How much⁢ did‍ the ​Whoosh project ⁢cost? The total‍ investment is $7.2 billion (Rp116.54 trillion),including cost overruns.
  • Why is KAI reporting‌ a loss on the Whoosh project? ⁤ Revenue hasn’t yet ⁢covered the high investment and operational ‍costs.
  • What is PSBI’s⁣ role in the ‍Whoosh project? PSBI ⁤is the ⁢consortium responsible for funding and managing the railway.
  • What steps are being taken ‌to address⁢ the financial losses? Restructuring of the⁣ Investment Management Agency ⁤and Antara is underway.

We encourage you to share this article with⁤ your network, leave a comment with your thoughts, or subscribe to our newsletter⁣ for the latest updates on Indonesian ‌news ‌and economic developments.

0 comments
0 FacebookTwitterPinterestEmail
Business

DPR members call as ‘forced’ ri to buy boeing that is not sold in the market

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Indonesia Accused of US Aircraft Coercion

Lawmaker claims Boeing deal tied to tariff reduction

A senior Indonesian lawmaker has accused the United States of pressuring the nation into purchasing 50 Boeing aircraft, alleging this was a condition for a significant tariff reduction.

Allegations of Forced Purchase

Rieke Diah Pitaloka, a member of Commission VI of the DPR, stated that the U.S. government, under President Donald Trump, mandated the acquisition of Boeing planes. This demand, she claims, was linked to a reciprocal tariff cut from 32 percent to 19 percent.

“Other nations refuse to buy Boeing aircraft, but America must force it because Boeing is one of the American economic symbols,” Rieke remarked during a meeting. “When it doesn’t sell, this is also a matter of its economic symbol.”

Concerns Over Aircraft Viability

Rieke expressed skepticism regarding the marketability of Boeing aircraft, noting that other countries are reportedly avoiding them. She suggested that the recent tariff agreement could still be subject to renegotiation.

The PDI-P politician also referenced past financial difficulties experienced by Garuda Indonesia, the national airline, which she linked to previous aircraft procurements. These issues, she indicated, involved corruption cases and problematic aircraft models.

“In fact, we know yesterday in our discussion that the purchase of Boeing and Bombardier by BUMN named Garuda caused financial problems until now,” Rieke stated. “Buying 737 Max was grounded and 787 Dreamliners were also problematic. Which Boeing should be bought?”

—Rieke Diah Pitaloka, Commission VI Member, DPR

In 2023, Garuda Indonesia faced significant financial challenges, posting a net loss. However, the airline has been implementing a fleet optimization strategy. According to an industry report, the global aviation market is projected to see a steady recovery, with passenger traffic expected to reach pre-pandemic levels by 2024 (IATA, October 2023).

Official Response and Airline Plans

State-Owned Enterprises (SOE) Minister Erick Thohir acknowledged the input from Parliament but did not directly address the specifics of the 50-aircraft purchase. He assured that all parliamentary suggestions would be followed up.

“Of course, we will follow up on the input and some of the solutions given,” Erick commented after the meeting, emphasizing the ministry’s role in protecting the economy while fostering value creation.

Separately, Garuda Indonesia President Director Wamildan Tsani confirmed that the plan for the 50 Boeing aircraft had received approval from the SOE Minister, President Prabowo Subianto, and the General Meeting of Shareholders. He stressed that the acquisition aligns with the airline’s health and business transformation strategy.

“The plan to purchase the aircraft is one of the long-term strategic steps in the company’s health efforts through business transformation by strengthening the fleet and optimization of the aviation network in the next 5 years,” Wamildan explained in a filing to the Indonesia Stock Exchange.

The timeline and specific phases of the purchase are still under discussion with Boeing, taking into account the manufacturer’s readiness to supply the required aircraft types.

https://www.cnnindonesia.com/embed/video/1239837" width="560" height="315" frameborder="0" allowfullscreen loading="lazy

0 comments
0 FacebookTwitterPinterestEmail
Newer Posts
Older Posts
@2025 - All Right Reserved.

Hosted by Byohosting – Most Recommended Web Hosting – for complains, abuse, advertising contact: contact@world-today-news.com