PT Bank Rakyat Indonesia (Persero) Tbk is trading about 3% up at $2,880 as Indonesian financials and risk sentiment recover following a recent regional rout.
- The move extends a sharp 7.7% rebound from the $2,590 to $2,790 range recorded on June 9.
- No company-specific news or earnings were reported; the price action follows last week’s heavy selloff in Indonesian risk assets and the rupiah.
- The recovery reflects broader stabilization in the Indonesian market after significant downward pressure earlier in the month.