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Barito Renewables Denies Inflating Volume, Price of Shares

Bloomberg Markets Tuesday 03 November 2026, 05:23 UTC By Prima Wirayani and Harry Suhartono 1 min read
Key Points

Barito Renewables Denies Inflating Volume, Price of Shares PT Barito Renewables Energy, one of Indonesia’s biggest companies by value, denied taking steps to inflate the volume and price of its shares to gain entry into MSCI Inc. indexes. Barito “did not instruct, engage or pay any securities firm to inflate the trading volume or price of its shares, and was not party to any campaign to do so,” the company said in a statement on Tuesday, responding to a Bloomberg News report on inflated...

Barito Renewables Denies Inflating Volume, Price of Shares PT Barito Renewables Energy, one of Indonesia’s biggest companies by value, denied taking steps to inflate the volume and price of its shares to gain entry into MSCI Inc. indexes. Barito “did not instruct, engage or pay any securities firm to inflate the trading volume or price of its shares, and was not party to any campaign to do so,” the company said in a statement on Tuesday, responding to a Bloomberg News report on inflated trading volume in Indonesian stocks including Barito’s.
Barito Renewables Energy (ORG) Indonesia (LOCATION) MSCI Inc. (ORG) Barito (PERSON) Bloomberg News (ORG) Indonesian (ORG)
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