Debuting On The Stock Exchange, The Boss Of Bank Syariah Indonesia Shows Market Capitalization Up Dozens Of Times

BSI debuts on the Indonesia Stock Exchange (Photo: Capture the BSI screen)

JAKARTA - President Director of PT Bank Syariah Indonesia Tbk. (BRIS) Hery Gunardi said the company's share price has increased tens of times since the initial public offering (IPO) to its debut today on the Indonesia Stock Exchange (IDX).

"The market capitalization of BRIS at the IPO was only Rp 4.96 trillion. Now, until February 3 yesterday, the market cap or market capitalization was recorded at Rp112.9 trillion, "he said Thursday, February 4.

A similar increase also occurred in the stock price with the value at IPO of Rp. 510 per share and then soaring to Rp. 2,750 as of February 3.

"Seeing the positive performance of BRIS shares in the midst of a pandemic, we hope that BRIS can become the prima donna in the stock exchange and be included in the BUMN 20 Index," he said.

In addition, Hery also called on other financial services sector business actors, particularly sharia, to sell off their first shares on the Indonesia Stock Exchange in droves.

"We hope this performance can encourage and inspire the financial sector and Islamic companies to enter the bourse," he said.

To note, Bank Syariah Indonesia is a financial institution resulting from the merger of PT Bank Rakyat Indonesia Syariah Tbk (BRIS), PT Bank Syariah Mandiri (BSM), and PT Bank Negara Indonesia Syariah (BNI Syariah) and is predicted to become the largest Islamic bank in the country.

Meanwhile, in terms of share ownership, Bank Mandiri controlled 51.2 percent. Followed by BNI at 25 percent, and BRI with 17.4 percent. Meanwhile, public investors control 4.4 percent and DPLK BRI-Sharia shares as much as 2 percent.