Palm Oil Stock Prices Increased by 16.15 Percent on Thursday, July 13, 2023

Palm Oil Magazine
Doc. Palmoilmagazine.com / On Wednesday, July 12, 2023, the stocks of palm oil plantation companies experienced a notable increase of up to 3.21 percent.

PALMOILMAGAZINE, Jakarta – Palm oil stock prices in Thursday’s stock trading on July 13, 2023, surged by up to 16.15 percent. The increase in palm oil stock prices today (13/7) occurred amidst the various interests of stock investors in pursuing daily profits.

Based on Palmoilmagazine.com observations, Thursday’s stock trading on July 13, 2023, faced pressure from daily profit-seeking stock investors. This is due to the attractiveness of the interest rates set by The Fed, which can be balanced with the benchmark interest rates set by Bank Indonesia, making it an appealing factor for stock investors.

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Furthermore, the presence of stocks traded on the Indonesia Stock Exchange (BEI) continues to attract investors. It is understandable that stock trading at BEI becomes a target for profit-seeking stock investors.

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Based on Palmoilmagazine.com observations, although most palm oil stocks did not experience an increase in stock prices, one palm oil stock surged by 16.15 percent.

In today’s (13/7) stock trading at BEI, two palm oil stocks recorded an increase in their stock prices. Here are the top 2 Palm Oil Stock Prices:

MKTR stock or PT. Menthobi Karyatama Raya Tbk., increased by 16.15 percent. The stock price of MKTR reached Rp. 151 per share.

SSMS stock or PT. Sawit Sumbermas Sarana Tbk., increased by 0.40 percent. The stock price of SSMS reached Rp. 1,245 per share.

The increase in palm oil stock prices experienced by these palm oil companies indicates a positive sentiment towards the palm oil industry’s future business prospects.

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Disclaimer: This article is only a reference for dear readers, not to take or influence someone’s decision to invest. Editorials of Palmoilmagazine.com is not in charge in every action to invest.

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