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Home CORPORATION

Indonesian Syariah Bank Shares Reach Highest Record, Market Cap IDR 100 Trillion

by Redaksi Asiatoday
January 19, 2024
in CORPORATION
Reading Time: 2 mins read
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Indonesian Syariah Bank Shares Reach Highest Record, Market Cap IDR 100 Trillion

Bank Syariah Indonesia head office in Jakarta. Doc

ASIATODAY.ID, JAKARTA – The share price of PT Bank Syariah Indonesia Tbk. or BSI (BRIS) reached a record high in trading on Thursday, January 18 2024.

The BRIS share price reached the IDR 2,010 level, the highest since November 2021. The BRIS share price rose 3.08% at the close of trading Thursday, January 18 2024.

The performance of BRIS shares is top in the financial stock index and is included in the five top mover stocks in the LQ45 index.

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Within a week, BRIS share prices rose 2.03%. Meanwhile, throughout the current year (year to date/ytd), BRIS share prices rose 15.52%.

With this share price performance, the market cap value of BRIS has increased to nearly IDR 100 trillion.

Meanwhile, BRIS transactions reached IDR 136 billion. The average BRIS transaction volume during 2024 increased by 79.8% when compared to the average transaction throughout 2023. Meanwhile, throughout 2023, BRIS shares were able to provide a return of 34.88%.

BSI Corporate Secretary Gunawan A. Hartoyo said the positive share movement was a response from investors to the company’s performance growth.

“We will continue to maintain positive performance to increase trust and provide better added value to investors,” said Gunawan in a written statement on Thursday, January 18 2024.

BSI Investor Relations Rizky Budinanda said the bullish stock movement over the last three months was a positive response from investors, both domestic and foreign investors.

The movement of BRIS shares also reflects the positive prospects for growth in financial performance, the prospects for the sharia banking market in Indonesia which is still under penetrated, and Indonesian banking which is still growing healthily and sustainably.

“BSI can always contribute positively to the growth of the sharia banking industry in Indonesia and provide benefits to the people as well as provide potential gains to investors from investing in BRIS shares,” said Rizky. (AT Network)

Check out other news and articles at Google News

Tags: Bank SyariahIndonesian Syariah Bank
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