PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY) Trading Down 2.5% – Here’s Why

PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY)’s share price was down 2.5% on Tuesday . The company traded as low as $13.0888 and last traded at $13.79. Approximately 2,257 shares were traded during trading, an increase of 129% from the average daily volume of 986 shares. The stock had previously closed at $14.14.

PT Bank Negara Indonesia (Persero) Tbk Price Performance

The business has a 50 day moving average price of $13.55 and a 200-day moving average price of $13.25.

PT Bank Negara Indonesia (Persero) Tbk Company Profile

PT Bank Negara Indonesia (Persero) Tbk, commonly known as BNI, is one of Indonesia’s oldest and largest state-owned commercial banks. Established in 1946 shortly after the country’s independence, BNI was originally tasked with financing the fledgling republic’s economic development. Over the decades, it has grown into a diversified financial institution offering an array of banking services for retail, small and medium-sized enterprises (SMEs), corporates and institutional clients.

BNI’s core business activities encompass corporate and commercial banking, consumer and retail lending, trade finance, treasury and cash management, as well as wealth management products.