Prajogo Pangestu Affiliated Stocks Tumble on BREN's Exclusion from FTSE Russell

BREN's exclusion from FTSE Russell's index has caused BREN to tank on the stock market, along with other stocks affiliated with Prajogo Pangestu such as CUAN and TPIA.

Bisnis, JAKARTA — Stocks affiliated with billionaire magnate Prajogo Pangestu tumbled at the end of this week's trading after the Financial Times Stock Exchange (FTSE) Russell announced last Thursday (19/9/2024) it will remove Prajogo's flagship company, PT Renewables Energy (BREN) from its prestigious index.

Bisnis Indonesia Premium Terbaru