Shares of Bank Jago (ARTO), which claim itself as digital bank, opened further down by 3% to Rp7,275 this morning to make a market capitalization of Rp99.8 trillion. The stock ended lower by 1.66% to Rp7,425 on Thursday despite a relatively ‘strong results’ reported in the first half of 2022. The bank, like other ‘digital bank stocks’, has collapsed by 62.9% from its peak.To subscribe please click here