Conglomerates are Going on Share-Buying Spree

Several conglomerates, including commissioners and boards of directors of various issuers, continue to go on a share-buying spree.
Nyoman Ary Wahyudi, Ibad Durrohman
Senin, 3 Maret 2025 | 15:31

Bisnis.com, JAKARTA—Conglomerates, along with directors and commissioners of several issuers, have been on a share-buying spree amid weakening prices, aiming to boost positive sentiment among investors.

The IDX Composite Index (IHSG) extended its correction, closing at 6,270.60 at the end of last week — a decline of 11.43% year-to-date (YTD). This marks the index's lowest level since October 2021.

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