Bisnis.com, JAKARTA — Several of the world’s largest investment firms are accumulating stakes in PT Perusahaan Gas Negara Tbk. (PGAS), or PGN, as a global race for liquefied natural gas (LNG) intensifies after war forced the closure of several critical nodes in the energy distribution and production chain.

The Iran vs US-Israel conflict has shut down Ras Laffan, the world’s largest LNG export facility located in Qatar, while also halting shipping traffic through the Strait of Hormuz.

Bisnis.com, JAKARTA — The world’s two largest asset managers, BlackRock Inc. and The Vanguard Group Inc., are having divergent paths in Boy Thohir-linked miner PT Merdeka Copper Gold Tbk. (MDKA).

MDKA stocks have been on an upward trend, buoyed by a sustained rally in metal prices. As of Wednesday (2/11/2026), the stock closed 2.27% higher at Rp3,160 apiece, cementing its year-to-date gain to 38.60% and extending its 12-month gain to 112.08%.

Bisnis.com, JAKARTA — Heading into the close of the 2025 trading year, heavyweight investors have been aggressively accumulating stocks of state-owned miner PT Aneka Tambang Tbk. (ANTM), riding on an increasingly buoyant outlook for gold prices.

Spot gold prices have remained on an upward footing. Bloomberg data show that as of Monday (12/29/2025) at 6:42 p.m. Jakarta time, spot gold was trading at US$4,450 per ounce, down 1.83% on the day.