After the acquisition of PLN’s PLTU, how come PTBA’s shares are even ARB?

Jakarta, CNBC Indonesia – After the takeover of the steam power plant (PLTU) owned by PT PLN (Persero), the shares of PT Bukit Asam Tbk (PTBA) immediately experienced a significant decline, and almost penetrated the lower limit aka auto rejection (ARB). This market reaction is related to the company’s future business prospects with the corporate […]

10 Stocks Collapse Hit by ARB, Beware Half of Coal!

Jakarta, CNBC Indonesia – When the Composite Stock Price Index (JCI) closed in a flat position, aka minus 0.01% at 6,416, it turned out that there were 10 stocks that fell to touch the lower auto rejection limit (ARB) 7% in trading last Thursday (7/07). 10/2021). Interestingly, half of the 10 shares include coal mining […]