Flooring Guide by Cinvex – , JAKARTA–Shares of BUMI marked a record high in daily transactions since 2015 on September 23, 2025.
1. BUMI Shares Surge, Hit Record Daily Transaction Since 2015 on Tuesday, September 23
PT Bumi Resources Tbk. (BUMI) witnessed its total daily transaction value reach an unprecedented high since October 2015 during trading on Tuesday, September 23, 2025. The company’s share price experienced a significant climb, rising 15.70% to Rp140 on the same trading day. This robust performance reflects an impressive 21.74% increase over the past week. For more details, click here.
2. Business History: When Pertamina and Prajogo Pangestu Built a Rp4.7 Trillion RCC Project
Prajogo Pangestu’s foray into the oil and gas (migas) sector was notably documented in the September 23, 1991, edition of Bisnis Indonesia, featuring an article titled “Pertamina-Prajogo Pangestu Build Rp4.7 Trillion RCC Project.” In a competitive landscape, Prajogo successfully outmaneuvered several other local investors vying for the coveted Cilacap RCC project. The following is an excerpt from that report. For more details, click here.
3. China’s Strategy to Leverage Gold as a Tool for Global Influence
China is actively pursuing a strategy to become the primary custodian for other nations’ gold reserves, aiming to solidify its standing in the global precious metals commodity market. Sources close to the matter indicate that the People’s Bank of China (PBOC) is utilizing the Shanghai Gold Exchange (SGE) to encourage central banks in allied countries to acquire gold bullion and store it within Chinese territory. For more details, click here.
4. Vanguard & BlackRock’s Coordinated Stance on MAPI Amid Singaporean Acquisition Rumors
As whispers of an acquisition involving PT Mitra Adiperkasa Tbk. (MAPI) intensify, institutional giants The Vanguard Group Inc. and BlackRock Inc. have reportedly demonstrated a unified approach regarding the company’s shares throughout September 2025. Speculation surrounding MAPI’s potential takeover by Pacific Universal Investments Pte. Ltd. initially emerged on Wednesday, September 10, 2025. For more details, click here.
5. JP Morgan’s Outlook and Revised Target Price for Vale Indonesia (INCO)
JP Morgan has adjusted its target price upwards for state-owned mining issuer PT Vale Indonesia Tbk. (INCO), while maintaining its existing rating. On the Indonesia Stock Exchange (BEI), INCO shares saw an increase of 2.39%, reaching Rp4,290 per share by Tuesday, September 23, 2025, at 14:15 WIB. This valuation represents a substantial year-to-date (YtD) gain of 18.51%. For more details, click here.
Summary
PT Bumi Resources Tbk. (BUMI) shares achieved a record high in daily transactions since October 2015 on September 23, 2025, with its price increasing by 15.70% on that day and 21.74% over the past week. Simultaneously, institutional giants BlackRock Inc. and The Vanguard Group Inc. demonstrated a unified approach regarding PT Mitra Adiperkasa Tbk. (MAPI) shares during September 2025, amidst ongoing acquisition rumors.
Separately, JP Morgan adjusted its target price upwards for state-owned mining issuer PT Vale Indonesia Tbk. (INCO) on September 23, 2025, while maintaining its existing rating. On the same day, INCO shares saw a 2.39% increase, contributing to a substantial 18.51% year-to-date gain. These events underscore significant movements and investor focus on key Indonesian companies.