BlackRock and Vanguard’s Huge Gains from Salim-Bakrie’s Bumi Resources (BRMS)

BlackRock and Vanguard’s Huge Gains from Salim-Bakrie’s Bumi Resources (BRMS)

Investment giants BlackRock and Vanguard now boast significant potential profit from their shareholdings in BRMS as the stock rallied 11.47% in a week after the firm reported stellar first-half results.

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Rabu, 27 Agustus 2025 | 13:32

Bisnis.com, JAKARTA — Two of the world’s largest investment managers, BlackRock Inc. and The Vanguard Group Inc., are seeing huge gains from their shareholdings in PT Bumi Resources Minerals (BRMS) as the stock rallies over the past week.

BRMS closed up at IDR 486 Monday (25/8), marking a 1.67% gain that day and 11.47% in just a week. Over the past year as of yesterday’s close, the stock has surged 201.86%.

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