The Indonesian Stock Exchange (IDX)  authority is optimistic about the prospect of an initial public offering or IPO in the remaining nine months of this year, in line with the total IPO funds that will grow in the quarter of this year.

At the close of trading on Wednesday (31/3), the Jakarta Composite Stock Price Index (JCI) closed down 85.92 points or 1.42% to 5,985.52.

PT Delta Djakarta Tbk (DLTA) posted a decrease in net sales of around 33.94% to Rp546.336 billion in 2020 compared to the previous year, which reached Rp827.136 billion.

PT Gudang Garam Tbk (GGRM) throughout 2020 posted a profit attributable to the parent entity owner amounting to Rp7.67 trillion, down 29.71% from the previous year of Rp10.88 trillion.

At the end of the first quarter of 2021, PT PP Presisi Tbk (PPRE) succeeded in adding new contracts from nickel mining services located in Morowali, Central Sulawesi.

PT Victoria Care Indonesia Tbk (VICI) throughout 2020 achieved positive performance by recording sales of Rp1.04 trillion, up 99.87% from the same period in the previous year, Rp797.79 billion.

Property Developer PT Modernland Realty Tbk is in danger of having its shares removed from the Indonesia Stock Exchange if the Exchange does not lift the suspension until next year.