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ANTAM Remains as Part of the LQ-45 Index at the Indonesia Stock Exchange

10/03/2016
News Releases

Jakarta, October 3, 2016   - PT ANTAM (Persero) Tbk (IDX: ANTM; ASX: ATM; ANTAM) is pleased to announce that the Company remains part of the LQ-45 Index at Indonesia Stock Exchange (IDX). The LQ45 Index lists companies with the highest liquidity at the IDX. The IDX also calculates companies’ market capitalization as the selection criteria.

ANTAM’s Finance Director, Dimas Wikan Pramudhito said,
" Being part of the LQ-45 index reflects the investors’ response on the company’s positive growth. Inline with the continuous innovation of our operational performance, the ability to maintain low cost production as well as recent commodity prices rally, we are confident that our performance will remain solid and the Company will deliver solid profitability and returns to the investors. "

The LQ45 Index is evaluated every six month with selection being announced in early February and August. During the February-July 2016 period, ANTAM’s average share price reached Rp603 per share (highest closing price of Rp840 per share and lowest closing price of Rp332 per share) with an average trading volume of 129,821,592 shares. During the period, the average share price increased by 62.53% whilst the average trading volume increased by 20.13% compared to the August 2015 – January 2016 period.

ANTAM was listed on The Indonesia Stock Exchange on November 28, 1997 with secondary listing on the Australian Securities Exchange (ASX) on August 9, 1999. The Government of Republic of Indonesia owns 65% of ANTAM with the remaining 35% is owned by public.

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