Bank Maybank Indonesia is trading at IDR 175.00, up 6.71%, amid broad Indonesian bank-sector strength; no clear company-specific catalyst was found for the October 21 move.
- CNBC Indonesia reported the bank rose 2.44% to Rp 168 early October 20, as bank shares broadly gained.
- The Jakarta Composite Index closed October 20 up 5.65%.
- Financial shares rose 5.19% during the first session.