Canceled Entry into FTSE, BREN Shares Return to ARB on Wednesday (5/6)

LISTED COMPANY - JAKARTA. Shares of PT Barito Renewables Energy Tbk (BREN) continue to face pressure following the company's failure to secure a spot in the FTSE Global Equity Series Large Cap index. By the end of the first trading session, the shares of the company, owned by Prajogo Pangestu, hit an auto rejection low (ARB), falling 9.88% to Rp 7,425 per share, as of the close of trading on Wednesday (5/6/2024).

During the first trading session on Wednesday (5/6/2024), BREN's trading volume was recorded at 1.08 million, with a transaction value of Rp 8.05 billion. This figure was derived from a total of 594 transactions.