Arsip: May 2020

Pinehill Acquisition Overprice. Investors responded negatively to the decision of Indofood CBP Sukses Makmur Tbk (ICBP) to acquire shares of Pinehill Corpora Limited. This is reflected in the movement of ICBP shares in trading this week. In fact, ICBP shares experienced an auto reject down after falling 6.77% to IDR 8,950 per share shortly after.

Astra International Market Capitalization Significant Growth. Jakarta Composite Index (JCI) was corrected throughout May 2020. JCI experienced a weakening from 4,716.43 at the end of April 2020 to 4,641.55 on Wednesday (05/27) or equivalent to 1.59%. The decline in the JCI was follow by a decrease in the market capitalization of large stocks. Among the.