Reported 12 months ago
Barito Renewables Energy, Indonesia's largest company by market cap, is experiencing extreme volatility in its share price, with a 1,200% surge and two crashes of over 40% in nine months. The company's wild swings have puzzled analysts, led to frantic trading among retail investors, and challenged regulators' efforts to stabilize the market. The stock's inclusion in a watchlist, trading restrictions, and subsequent removal have sparked controversy, affecting the broader market and raising concerns among foreign investors about transparency and market stability in Indonesia.
Source: YAHOO