Palmoilmagazine.com, JAKARTA – On Wednesday (June 14th), the stock prices of palm oil plantation companies remained positive, with PALM leading the way with a 6.73 percent increase. Additionally, sixteen other companies also experienced an upward trend in their stock prices.
The production of crude palm oil (CPO) presents a significant opportunity for palm oil industry companies to generate profits this year, despite the prevailing economic crisis in many countries. The industry, which has been adversely affected by the Covid-19 pandemic, has a promising chance to boost its business profits by focusing on the development of downstream industries that are less impacted by the economic crisis.
As what Editorials of Palmoilmahgazine.com noticed, the increasing stock selling price of some palm oil companies were parts of 253 other stock that increased. These helped Indek Harga Saham Gabungan (IHSG) not to get worse.
Read more : Palm Oil Plantation Stocks Show Positive Performance on Tuesday
Palm Oil Plantation Companies’ Stocks Were ‘Green” Still though
Here are the latest information about top nine palm oil plantation companies that got increasing stock selling price on Wednesday (14/6):
- PALM or PT. Provident Investasi Bersama Tbk., within increasing stock selling price 6,73 percent to be Rp. 555 per stock.
- TBLA or PT. Tunas Baru Lampung Tbk., within increasing stock selling price 4,62 percent to be Rp. 680 per stock.
- SSMS or PT. Sawit Sumbermas Sarana Tbk., within increasing stock selling price 3,54 percent to be Rp. 1.315 per stock.
- SGRO or PT. Sampoerna Agro Tbk., within increasing stock selling price 2,38 percent to be Rp. 2.150 per stock.
- PNGO or PT. Pinago Utama Tbk., within increasing stock selling price 1,92 percent to be Rp. 1.330 per stock.
- DSNG or PT. Dharma Satya Nusantara Tbk., within increasing stock selling price 1,80 percent DSNG to be Rp. 565 per stock.
- ANJT or PT. Austindo Nusantara Jaya Tbk., within increasing stock selling price 1,41 percent ANJT to be Rp. 720 per stock.
- MKTR or PT. Menthobi Karyatama Raya Tbk., within increasing stock selling price 1,19 percent to be Rp. 170 per stock.
- STAA or PT. Sumber Tani Agung Resources Tbk., within increasing stock selling price 1,11 percent to be Rp. 910 per stock.
Some other eight did get the same, such as, TAPG, MRGO, NSSS, FAPA, SMAR, TLDN, CSRA, dan AALI.
In total there were 17 palm oil companies’ stocks that increasing their selling price at Bursa Efek Indonesia (BEI) on Wednesday (14/6/2023) trade.
Follow up the latest information only at InfoSAWIT. Information, news network of Mitra Media Network in Indonesia. (T1)
Disclaimer: This article is a qualified reference only, does not take or influence someone’s decision to invest. The writer is not in charge in every action to invest.
