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Emiten geotermal PT Barito Renewables Energy Tbk (BREN) kembali anjlok hingga auto reject bawah (ARB) 10 persen untuk papan pemantauan khusus pada lanjutan sesi I Kamis (6/6/2024).

Sejatinya, BREN sudah diumumkan akan masuk ke indeks FTSE pada 27 Mei lalu sebelum pihak FTSE Rusell membatalkan untuk memasukkan emiten tersebut dalam rebalancing Juni pada Selasa kemarin.

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Transcript
00:00Thank you, Mr. Sanda, for joining us in the MarketBuzz segment.
00:05We will be reviewing some information about EMITEN,
00:08as well as the recommendations after yesterday's IHSG.
00:11Mr. Mir, my 2% is gone.
00:13Is this a bigger opportunity or a challenge?
00:15We will review it later.
00:16Before that, we will go to the Financial Times Stock Exchange
00:19or FTSE Global Equity Index.
00:21Quarterly, this postpones the PT Barito Renewables Energy,
00:26or BREN, to enter the June 2024 index.
00:30This is because BREN has entered the FCA,
00:35the Indonesian Stock Exchange.
00:38And the BREN share, Mr. Mir, auto-rejected by up to 10%.
00:56Quarterly, this postpones the PT Barito Renewables Energy, or BREN,
01:00to enter the June 2024 index.
01:03This is because BREN has entered the FCA,
01:06the Indonesian Stock Exchange.
01:11FTSE Global Equity Index is a series of stock market indexes
01:15organized by the London Stock Exchange,
01:17which covers more than 19,000 stocks in 49 countries.
01:21As the market cap increases,
01:23BREN enters the large-cap FTSE index change radar.
01:27In connection with this,
01:29FTSE Russell is evaluating whether the BEI Registration Board
01:32or the Special Audit Board
01:34should be included in the 6-point Forest of Valence Stock Screen
01:38from the FTSE Global Equity Index Series Basic Rules.
01:44Thus, FTSE Russell will announce the results of the further evaluation.
01:48Even so, FTSE is underlining
01:50if the constituent evaluation can still take place on June 7, 2024.
01:54Because the rebalancing evaluation
01:56will only be effective on June 24.
02:00BREN is included in the 10-point Special Audit Criteria
02:03on May 29, 2024.
02:05The 10-point Special Audit Criteria of BREN
02:08is subject to a temporary suspension of trading effect
02:10for more than one day due to trading activities.
02:15Previously, the stock market announced
02:17that there was an unusual stock movement
02:19against the BREN stock on April 17, 2024.
02:22Then, the stock market suspended temporarily
02:24or suspended the trading of the BREN stock on May 27, 2024
02:28due to a significant increase in the price of the stock.
02:31When it failed to enter the FTSE index,
02:33the BREN stock fell in the lower auto reject,
02:35weakening by 10% and closing at the level of Rp 7,425 per share
02:39at the beginning of trading on June 5, 2024.
02:42This is the source for this story.

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