Indonesian Political, Business & Finance News

DSSA Records Rp1.3 Trillion Negotiated Transaction

| Source: CNBC Translated from Indonesian | Finance
DSSA Records Rp1.3 Trillion Negotiated Transaction
Image: CNBC

Jakarta, CNBC Indonesia - Shares of Sinar Mas Group issuer PT Dian Swastatika Sentosa Tbk (DSSA) recorded a jumbo transaction in the negotiation market on Monday (10/8/2026). The value reached Rp1.3 trillion, carried out in three transactions.

Referring to Stockbit trading data, 13.3 million lots, equivalent to 1.33 billion DSSA shares, changed hands in the negotiation market at an average price of Rp974 per share. The total value reached Rp1,297.2 billion, or Rp1.3 trillion.

This price was below DSSA’s closing price in the regular market on the same day, which was Rp985 per share. This means the jumbo negotiated transaction was executed at a discount of approximately 1.12% from the market price.

It is not yet known exactly who carried out the jumbo transaction. However, citing broker distribution data in the negotiation market, the transaction was facilitated by brokers from within the group.

On the seller side, the entire transaction worth Rp1.30 trillion was executed by PT Sinarmas Sekuritas (DH). Meanwhile, on the buyer side, the transaction was split between PT RHB Sekuritas Indonesia (DR) worth Rp677.62 billion and Sinarmas Sekuritas (DH) worth Rp619.12 billion.

This transaction coincided with the schedule for DSSA’s corporate action. Previously, management announced a plan to transfer shares resulting from a buyback, up to a maximum of 9,631,904,000 shares, equivalent to 5% of all shares issued and listed on the Indonesia Stock Exchange (IDX). The transfer is carried out through a sale mechanism on the exchange, starting 10 August 2026 until the entire process is completed.

In this corporate action, DSSA appointed PT Sinarmas Sekuritas as the exchange member tasked with executing the share transfer process. The transfer price refers to the provisions and regulations applicable in the capital market.

As of the time this report was filed, there has been no official statement from DSSA management regarding the negotiation market transaction.

Foreign fund flows were also recorded pouring heavily into DSSA shares on Monday’s trading. Across all markets, foreign investors recorded a net buy of Rp1.40 trillion, with foreign buy value reaching Rp1.66 trillion compared to foreign sell of Rp258.66 billion.

However, the majority of this inflow did not originate from the regular market. Foreign net buy in the cash and negotiation market was recorded at Rp1.30 trillion, while in the regular market it was only Rp105.34 billion.

As a note, transactions in the negotiation market are conducted based on direct price agreements between sellers and buyers outside the regular market’s continuous auction mechanism. Therefore, these transactions do not affect the formation of the closing price in the regular market.

A day later, DSSA shares actually came under pressure. On Tuesday (11/8/2026), DSSA opened higher at Rp990 per share and touched a high of Rp995. However, selling pressure quickly dragged the share price into the red. DSSA briefly plunged to a low of Rp935 per share, a decline of 5.08% from the previous close of Rp985 per share, before moving fluctuatively in the Rp940-Rp960 range in the early session.

Throughout this year, DSSA has been one of the most volatile stocks on the exchange, in line with the company’s business transformation from coal dependency towards a new renewable energy ecosystem and digital infrastructure, including the development of data centres and internet services.

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