Bumi Resources stock falls as investors weigh Rp190 shares
Published on 08/29/2026 at 10:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Bumi Resources stock (ISIN ID1000122500) ended at Rp190 on August 28, 2026, after a 2.06% decline, while the latest reported first-half 2026 revenue reached US$867 million and sales volume rose to 19.8 million tons. That mix of price pressure and operating growth puts the next move in the shares on a clearer footing.
Trading weak, volume still rising
The stock traded between Rp189 and Rp198 on August 28, 2026, with 29,080,002 shares changing hands and transaction value at Rp559.6 billion. Week to date, the shares were down 3.06% and foreign investors recorded net selling of Rp132.15 billion between August 24, 2026 and August 28, 2026.
Those numbers matter because the market is discounting the shares even as the operating base expanded. In the first half of 2026, revenue increased 27.9% year over year to US$867 million, and second-quarter revenue reached US$449 million, up 36.4% from a year earlier and 7.5% from the prior quarter.
Operating momentum
The same report showed coal sales volume of 19.8 million tons in the first half of 2026, with second-quarter sales volume rising 3.1% sequentially. Average selling price for coal in the second quarter was US$67.1 per ton, up 17.5% year over year and 14.5% quarter over quarter.
For investors, the comparison is straightforward: price action has been soft, but the latest operating figures show both higher volumes and firmer pricing. That combination is more useful than a simple one-day move because it ties market sentiment to reported business momentum.
Mineral optionality
Alongside coal, Bumi Resources is pushing deeper into mineral exposure through Wolfram and Loyal Metals, with early stockpile processing pointing to a gold grade of 0.78 gram per ton. The company said that this work is part of a broader multi-commodity transition, which gives the market another operating reference point beyond coal.
Shares and level
The current setup leaves Rp190 as the main nearby reference after the August 28, 2026 close. If the stock can reclaim the Rp198 intraday high from that session, traders will have a cleaner short-term signal to watch.
Investor view
Company: PT Bumi Resources Tbk
ISIN: ID1000122500
Ticker: BUMI
Exchange: IDX
Sector / Industry: Energy / Thermal Coal
Index membership: IDX Composite
