Workers transport cement to a transport ship at Sunda Kelapa Harbor, Jakarta, Monday (11/7/2023). Bloomberg/Dimas Ardian
Bisnis.comJAKARTA — Opening the beginning of the year, big global investors including BlackRock Inc. different directions in two cement issuer Indonesia’s largest PT Indonesian Cement Tbk. (SMGR) and PT Indocement Tunggal Prakarsa Tbk. (INTP).
On the stock exchange floor, SMGR and INTP shares also closed in opposite directions, Thursday (25/1/2024). SMGR appreciated 2.07% to IDR 6,150 per share. Even though YTD a correction of 3.91% was recorded, SMGR recorded a positive return of 1.65% in the last week. Meanwhile, INTP on the opposite side closed down 1.36% to the level of IDR 9,100 which also represents a weakening of 3.19% ytd.
YTD, both SMGR and INTP recorded net foreign sell in all markets, respectively IDR 85.94 billion and IDR 45.60 billion.
2024-01-25 13:30:00
#Directions #BlackRock #SMGR #INTP #Cement #Shares #Early
