Blackrock Secretly Buying Financial Stock in IDX

BlackRock Inc., the world's largest asset management company, is reportedly showing interest in increasing its ownership in issuers within the financial stock sector in the current period of 2024.

M. Nurhadi Pratomo

1 Mar 2024 - 17.02
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Blackrock Secretly Buying Financial Stock in IDX

Blackrock./Special

Bisnis, JAKARTA — BlackRock Inc., the world's largest asset management company, is reportedly showing interest in increasing its ownership in issuers within the financial stock sector in the current period of 2024.

The financial stock sector has shown impressive performance year-to-date (YTD) 2024 until Thursday (29/2/2024). This can be seen in the IDX Sector Financials report, which led the sectoral index movement with a significant increase of 4.59% for the current year.

According to Bloomberg data quoted on Friday (1/3/2024), this upward movement in the IDX Sector Financials was supported by several banking issuers with jumbo market capitalization.

Meanwhile, PT Bank Mandiri (Persero) Tbk. (BMRI), PT Bank Negara Indonesia (Persero) Tbk. (BBNI), and PT Bank Syariah Indonesia Tbk. (BRIS) are among the top three contributors to the performance of the IDX Sector Financials for 2024 as of Thursday (29/2/2024).

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Rinaldi Azka
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Blackrock Secretly Buying Financial Stock in IDX

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