|Bid||0.00 x 1400|
|Ask||0.00 x 2200|
|Day's range||25.46 - 25.64|
|52-week range||23.66 - 36.19|
|PE ratio (TTM)||17.03|
|Forward dividend & yield||0.96 (3.65%)|
|1y target est||28.52|
The largest telecom in Indonesia is experiencing strong headwinds from a weakened landline market, but growth in the wireless and broadband sectors should pick up that slack in the long run.
"The outflows represent a reaction to the increased volatility in global markets which we have seen over the past couple of months," said Greg Mckenna, chief market strategist at AxiTrader. Market uncertainty was mainly driven by U.S. President Donald Trump's move to impose tariffs on imports from China and China's threat to do the same on U.S. products.
The largest telecom in Indonesia rounded out 2017 with strong data service sales to make up for fading legacy businesses like voice and text messaging.
The leading telecom, serving the world's fourth-largest population, is riding smartphones and data services to record revenues.