PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Shares Up 8.8% – Here’s What Happened

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY)’s share price was up 8.8% during trading on Friday . The stock traded as high as $13.03 and last traded at $13.03. Approximately 53,350 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 166,690 shares. The stock had previously closed at $11.98.

PT Bank Mandiri Persero TBK Price Performance

The company’s 50 day moving average is $11.83 and its 200 day moving average is $11.38.

About PT Bank Mandiri Persero TBK

PT Bank Mandiri (Persero) Tbk is one of Indonesia’s largest banking groups, providing a full range of commercial banking services to corporate, commercial, small and medium-sized enterprises (SMEs) and retail customers. The bank was established in 1998 through a government-led consolidation of four state-owned banks as part of efforts to strengthen the financial system during the Asian financial crisis. Since then it has grown into a diversified financial services franchise offering deposit taking, lending, trade finance, payment and cash management, treasury, and wealth-management services.

Bank Mandiri’s product suite spans traditional retail and corporate banking products — including savings and time deposits, consumer and mortgage loans, working capital and project financing — alongside specialized services such as trade and export-import finance, foreign exchange and treasury solutions, card products, and digital banking channels.