BSI (BRIS) Shares Record 2-Year High, Investors Excited to Welcome Price Increase

Saham News - Posted on 18 January 2024 Reading time 5 minutes

DIGIVESTASI - The share price of PT Bank Syariah Indonesia Tbk. or BSI (BRIS) in today's trading, Thursday (18 January 2024), reached IDR 2,010, the highest since November 2021. BRIS's share price rose 3.08% at the close of trading on Thursday (January 18, 2024). ).

 

BRIS is also the best performing stock in the financial stock index and is among the top 5 fastest growing stocks in the LQ45 index. Within a week, BRIS's share price strengthened 2.03%. Meanwhile, during the current year (YTD), BRIS's share price has increased by 15.52%. Thanks to this share price performance, BRIS's market capitalization has increased to nearly Rp 100 trillion. 

 

Meanwhile, BRIS transactions reached Rp 136 billion. BRIS's average trading volume in 2024 increased by 79.8% compared to the average trading throughout 2023. Meanwhile, throughout 2023, BRIS shares were able to generate a return of 34.88%. BSI Corporate Secretary Gunawan A. Hartoyo said, the positive development of the stock is the investor's response to the company's increasing performance. 

 

"We will continue to maintain operational activities to increase trust and provide better added value for investors," Gunawan said in a written statement, Thursday (January 18, 2024). Rizky Budinanda from BSI Investor Relations said that the stock market performance for the past three months has been bullish. The latest is the positive response from domestic and foreign investors.

 

The movement of BRIS shares also reflects the prospect of positive financial performance growth, the prospect of Indonesia's Islamic banking market which is still underpenetrated, and the growth of the Indonesian banking industry which remains healthy and sustainable. "BSI can still make a positive contribution to the growth of the Islamic banking industry in Indonesia and provide benefits to the community and potential profits for investors by investing in shares," said Rizky BRIS.

Source: bisnis.com

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