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Barito Renewables Energy Marks Impressive 25% Surge On Its Market Debut In Indonesia

Barito Renewables Energy Marks Impressive 25% Surge On Its Market Debut In Indonesia

Indonesia’s Barito Renewables Energy made a strong market debut in Jakarta, surging 25% on Monday, following its successful initial public offering (IPO) last week, which raised 3.13 trillion rupiah (approximately $200 million). The company’s shares opened at 975 rupiah each on the Indonesia Stock Exchange (IDX), a notable increase from their IPO price of 780…

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3 years ago Andrew Baker

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