PT Bank Rakyat Indonesia (Persero) Tbk (OTCMKTS:BKRKF) Trading 3.5% Higher – Here’s What Happened

PT Bank Rakyat Indonesia (Persero) Tbk (OTCMKTS:BKRKF) shot up 3.5% during trading on Wednesday . The company traded as high as $0.2140 and last traded at $0.2070. 9,040 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 38,460 shares. The stock had previously closed at $0.20.

PT Bank Rakyat Indonesia (Persero) Tbk Stock Performance

The stock’s 50 day simple moving average is $0.21 and its two-hundred day simple moving average is $0.22.

About PT Bank Rakyat Indonesia (Persero) Tbk

PT Bank Rakyat Indonesia (Persero) Tbk is a state‐owned commercial bank headquartered in Jakarta, Indonesia. As one of the country’s largest lenders by assets, the company primarily focuses on serving micro, small and medium enterprises (MSMEs) and retail customers. Its core mission revolves around supporting financial inclusion through a range of lending and deposit products designed to meet the needs of rural and urban communities alike.

The bank’s product portfolio includes microloans, agricultural financing, consumer loans and small business credit, alongside traditional corporate banking services.