ANTAM Is Part Of The IDX Small-Mid Cap (SMC) Composite Index, IDX SMC Liquid Index And PEFINDO Investment Grade (i-Grade) Index At The Indonesia Stock Exchange
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Jakarta, January 3, 2018 - PT ANTAM Tbk (ASX ATM; IDX – ANTM; ANTAM) is pleased to announce the Company has been included as part of the IDX Small-Mid Cap (SMC) Composite Index, IDX SMC Liquid Index and PEFINDO Investment Grade (i-Grade) Index at the Indonesia Stock Exchange (IDX). The IDX SMC Index comprises of shares with small and medium market capitalization, which consists of IDX SMC Composite Index and IDX SMC Liquid Index. Meanwhile, the PEFINDO i-Grade Index comprises of 30 Listed Company’s shares to receive Investment Grade from PEFINDO.
ANTAM’s Finance Director Dimas Wikan Pramudhito said:
“The inclusion of ANTAM’s share at the IDX SMC Composite and Liquid Index and PEFINDO i-Grade Index reflects the positive appreciation from shareholders of the Company’s shares performance. ANTAM is committed to continue various innovation and business development initiatives to delivere positive returns and best performance to shareholders.”
From January until November 2017, ANTAM’s positive share performance is reflected from the number of investors trading of ANTAM’s shares, an increase of 9.01% from 33,808 investors to 36,853 investors. ANTAM’s shares were also actively traded in IDX. Until the end of November 2017, the average traded shares reached 42,557,527 shares with the average trading value of Rp31.59 billion.
The criteria of IDX SMC Composite Index is shares that have market capitalization between Rp1 trillion until Rp50 trillion. Meanwhile, the IDX SMC Liquid Index is selected from shares of IDX SMC Composite Index with liquidity criteria such as transaction value, market capitalization of free float stock and share price, and other criteria such as financial condition, going concern and research coverage. Both index will be updated every 6 months, in January and July.
The criteria of PEFINDO i-Grade includes Investment Grade between idAAA until idBBB– from PEFINDO, compliance, any indication of trade manipulation from total suspension and Unusual Market Activity (UMA) in IDX and market capitalization. The PEFINDO i-Grade Index will be updated every 6 months, in May and December.