Telekomunikasi Indones (Prsr)Tbk PT-ADR (TLK) was Upgraded by HSBC Securities to ” Buy”. Earlier the firm had a rating of “Reduce ” on the company shares. HSBC Securities advised their investors in a research report released on May 11, 2016.
Telekomunikasi Indones (Prsr)Tbk PT-ADR opened for trading at $54.51 and hit $55.8 on the upside on Tuesday, eventually ending the session at $55.62, with a gain of 2.24% or 1.22 points. The heightened volatility saw the trading volume jump to 3,53,493 shares. Company has a market cap of $27,309 M.
PT Telekomunikasi Indonesia (Persero) Tbk (TELKOM) is engaged in providing local domestic and international telecommunication service in Indonesia. The Company operates through four segments: corporate segment home segment personal segment and others segment. The Company’s corporate segment provides telecommunications services including interconnection leased lines satellite very small aperture terminal (VSAT) contact center broadband access information technology services data and Internet services to companies and institutions. The home segment provides fixed wireline telecommunications services pay TV data and Internet services to home consumers. The personal segment provides mobile cellular and fixed wireless telecommunications to individual consumers. The others segment provides building management services.