Bumi Resources is trading at IDR 165.00, -8.33%, amid broad Indonesian market pressure.

  • Reports said the IHSG fell 2.59%; Bumi Resources closed at Rp165, down 8.33%.
  • The company said it could not verify reports naming it as a potential Kideco buyer and reiterated its diversification strategy.
  • Its clarification did not confirm an acquisition or establish it as the cause of the share-price drop; evidence points to broader Indonesian market pressure, not a confirmed company-specific catalyst.