Palm Oil Stock Prices Rise by Up to 6.72 Percent on Monday, July 31, 2023

Palm Oil Magazine
Doc. Palmoilmagazine.com / Not only the IHSG has been showing an upward trend, but also the selling prices of crude palm oil (CPO) have been on the rise in the global market.

PALMOILMAGAZINE, Jakarta – Palm oil stock prices rose by up to 6.72 percent in the stock market on Monday, July 31, 2023. This increase in palm oil stock prices is in line with the upward trend of the Composite Stock Price Index (IHSG) since last week.

Not only the IHSG has been showing an upward trend, but also the selling prices of crude palm oil (CPO) have been on the rise in the global market. According to observations from Palmoilmagazine.com, the enthusiasm of stock investors has started to shift towards palm oil stocks with attractive selling prices.

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Here are the top 5 palm oil stock prices on Monday’s stock market, July 31, 2023:

  1. CBUT stock or PT. Citra Borneo Utama Tbk. rose by 6.72 percent. The CBUT stock price reached Rp. 2,700 per share.
  2. MKTR stock or PT. Menthobi Karyatama Raya Tbk. rose by 4.48 percent. The MKTR stock price reached Rp. 140 per share.
  3. TBLA stock or PT. Tunas Baru Lampung Tbk. rose by 3.73 percent. The TBLA stock price reached Rp. 835 per share.
  4. SSMS stock or PT. Sawit Sumbermas Sarana Tbk. rose by 2.14 percent. The SSMS stock price reached Rp. 1,195 per share.
  5. BWPT stock or PT. Eagle High Plantations Tbk. rose by 1.79 percent. The BWPT stock price reached Rp. 57 per share.

Also Read : Palm Oil Stock Prices Increase by Up to 3.81 Percent on Friday, July 14

In addition to the top 5 palm oil stock price increases, other stocks such as MGRO, PSGO, STAA, UNSP, and FAPA also experienced a rise in their selling prices.

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