PALMOILMAGAZINE, Jakarta – Palm oil stock prices experienced an impressive 11.11 percent increase during the stock market trading on Tuesday, July 18, 2023. Leading the way was CBUT stock or PT. Citra Borneo Utama Tbk., followed by nine other palm oil stocks.
Today’s (July 18) palm oil stock trading saw a total of 10 palm oil companies experiencing price hikes, despite the regulatory pressures faced by the palm oil industry from the newly formed palm oil task force, which aims to report the existence of palm oil businesses, from plantation companies to downstream palm oil activities.
Based on Palmoilmagazine.com monitoring, the success of palm oil companies in raising their stock prices can also be attributed to the increasing market value of crude palm oil (CPO).
Also Read : Palm Oil Stock Prices Rose to 8.07 Percent on Thursday, July 6, 2023
Here are the TOP 5 Palm Oil Stock Prices:
- CBUT stock or PT. Citra Borneo Utama Tbk. rose by 11.11 percent. The stock price of CBUT reached Rp. 2,900 per share.
- SSMS stock or PT. Sawit Sumbermas Sarana Tbk. rose by 2.46 percent. The stock price of SSMS reached Rp. 1,250 per share.
- NSSS stock or PT. Nusantara Sawit Sejahtera Tbk. rose by 1.82 percent. The stock price of NSSS reached Rp. 224 per share.
- UNSP stock or PT. Bakrie Sumatera Plantations Tbk. rose by 1.80 percent. UNSP stock reached Rp. 113 per share.
- DSNG stock or PT. Dharma Satya Nusantara Tbk. rose by 1.67 percent. The stock price of DSNG reached Rp. 610 per share.
In addition to the TOP 5 Palm Oil Stock Prices, other palm oil companies also experienced price increases, including MGRO, MKTR, SMAR, STAA, and TLDN.
Stay updated with the latest information about palm oil companies only at Palmoilmagazine.com. A news network of Mitra Media Networks.. (T1)
