After rising last year, coal prices are predicted to decline due to weak demand from China. However, a number of factors could boost the stock prices of coal companies.
The issuance of medium-term notes (MTNs) is increasingly attractive for corporations that require quick financing to expand their business or settle debt.
The 45 most-traded stocks on Indonesia Stock Exchange (IDX), known as the LQ45, are to have four new members from the mining, construction, and petrochemical sectors.
Bakrieland is restructuring debt worth US$ 289.9 million (Rp 3.9 trillion) using a debt to equity swap. Investors have been waiting eight years for it to get out of debt.
Foreign capital re-entered the Indonesian financial market after the Fed announced its interest rate hike. While the world’s major exchange markets decreased, JCI hit a new record high.
The capital market is predicted to be under pressure as investors choose to wait and see, but history shows that stocks and bonds always move positively ahead of political events.
Goldman Sachs must pay Rp 320.87 billion in damages to Benny Tjokro over the share transaction of PT Hanson International Tbk.
Company’s share price reached a record high after a rights issue and switch to the property sector, but plummeted in the last two weeks in line with Benny Tjokro’s share divestment.
Bakrieland subsidiary Prima Bisnis Utama owns 37.8 percent of the shares in Graha Andrasentra Propertindo, operator of Jungleland. These shares will be released to be used as debt swap to bond creditors
MCAS-coded stock price jumped 49.46 percent on the first day of IDX listing, resulting in a high price-earnings ratio of 57 times.