Antam and Vale's Share Prices Soared, Nickel Proven

Rancakmedia.com - In the last day, the share prices of Antam and Vale, the two largest nickel producers in the country, rose substantially due to trading in their respective shares. To find out detailed information, see below.

Nickel prices rose and slashed price records dating back a decade. At the beginning of this year, nickel prices increased rapidly. Until yesterday, green energy metals have grown 15.77 percent throughout the year or year to date (ytd).

Until closing Thursday (20/1/2021), world nickel prices were recorded at US$ 24,030.5 per ton, up 3.79 percent compared to the previous day's position.

The achievement of nickel prices was driven by tighter supplies. Meanwhile, ahead of the Chinese New Year, supplies are urgently needed. This causes supply in the market to be limited so that nickel prices continue to increase.

Since April 2021, nickel stocks have continued to decline. Nickel stocks on the London Metal Exchange have fallen by 68.8% to 94,830 metric tons since then.

Inventories at the Shanghai Futures Exchange (ShFE) warehouses, meanwhile, were at 4,711 metric tons, hitting the lowest level on record since August 2021.

The government's efforts to stimulate the faltering economy also helped increase nickel prices. The market thinks this easing will increase liquidity and increase demand for the metal.

Nickel is one of the energy and mining sources for which Indonesia should be grateful. In fact, Indonesia's nickel 'treasure' is the largest compared to other countries. Indonesia has 72 million metric tons of nickel (nickel) deposits.

The combined reserves constitute 52 percent of the world's total nickel reserves of 139,419,000 tonnes of Ni. The data is based on data from the Ministry of Energy and Mineral Resources (ESDM) 2020 in a booklet entitled "Indonesian Nickel Investment Opportunities" which is the result of January 2020 USGS data processing and the 2019 Geology Agency.

ANTM and INCO shares soar

Nickel producer shares appreciated in line with the increase in nickel prices. The two large nickel companies in this country experienced an increase in share prices yesterday, aided by a sizable transaction value.

The share price of PT Aneka Tambang Tbk. (ANTM) reported rising 12.17 percent to the level of Rp. 1,935 per share, accompanied by a transaction value of Rp. 687.64 billion, which is the second highest on the stock market in yesterday's trading.

Vale Indonesia Tbk. (INCO) rose 2.24% to IDR 5,000 per share and a transaction value of IDR 571.98 billion, making it the third top-tier stock in yesterday's trading. Meanwhile.

Antam and Vale Share Prices

At least 14 mutual fund products include ANTM shares in their portfolios, according to Bareksa's study of current mutual fund fact sheets, and four mutual fund products have INCO shares in their portfolios, he found. Mutual fund product categories include equity funds and balanced mutual funds.

These mutual funds include Batavia Dana Saham, Manulife Syariah Sector Amanah Class A, Principal Sharia Growth, BUMN Prospera Growth Fund, Shinhan Equity Growth, Leading Simas Shares, Cipta Syariah Balance, HPAM Syariah Equity to Kresna Flexima.

The public can donate money to mutual funds, so keep that in mind (investors). The money collected will later be placed by investment managers into various investment products such as stocks, bonds or deposits.

Mutual funds are also characterized as an alternative investment for the investment community, especially small investors and investors who do not have sufficient time and experience to analyze their investment risks.

FAQs

Below we have summarized some frequently asked questions about stocks, as follows:

Who Can Buy Shares?

Anyone can buy shares that are traded on the exchange, as long as he has sufficient funds to buy the shares he wants. Whether it's a student, student, employee, housewife, artist, entrepreneur, or even a household assistant, you can also invest in stocks.

Conclusion

The world nickel price was recorded at US$ 24,030.5 per tonne, up 3.79 percent compared to the previous day's position. Nickel stocks on the London Metal Exchange fell 68.8% to 94,830 metric tons since April 2021.

The share price of PT Aneka Tambang Tbk. (ANTM) reported rising 12.17 percent to the level of Rp. 1,935 per share. There are at least 14 mutual fund products that include ANTM shares in their portfolio.

This is information about Antam and Vale's stock prices, I hope the above article can be useful and helpful for all of you.