8 Palm Oil Company Stocks Surge, CBUT Soars 15.46% on Wednesday, September 6, 2023

Palm Oil Magazine
Doc. Screenshot / Palm oil stocks on Wednesday, September 6, 2023, experienced an increase of up to 15.46 percent, led by CBUT shares. This increase in share prices was observed in eight palm oil companies.

PALMOILMAGAZINE, JAKARTA – Stock trading on the Indonesia Stock Exchange (IDX) saw an increase in share prices, driven by the enthusiasm of stock investors who had been aggressively trading since early in the morning.

Palm oil stocks on Wednesday, September 6, 2023, experienced an increase of up to 15.46 percent, led by CBUT shares. This increase in share prices was observed in eight palm oil companies.

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The top 5 palm oil stock prices on Wednesday, September 6, 2023, were as follows: CBUT shares, or PT. Citra Borneo Utama Tbk., rose by 15.46 percent. The selling price of CBUT shares became Rp. 3,510 per share. PSGO shares, or PT. Palma Serasih Tbk., increased by 3.85 percent. The selling price of PSGO shares became Rp. 135 per share.

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MGRO shares, or PT. Mahkota Group Tbk., rose by 1.48 percent. The selling price of palm oil shares became Rp. 685 per share.TBLA shares, or PT. Tunas Baru Lampung Tbk., increased by 1.23 percent. The selling price of TBLA shares became Rp. 825 per share. MKTR shares, or PT. Menthobi Karyatama Raya Tbk., rose by 0.81 percent. The selling price of MKTR shares became Rp. 124 per share.

In addition to the top 5 palm oil share price increases, price increases also occurred for PNGO, SMAR, and FAPA shares. The price increases ranged from 0.50 percent to 0.74 percent.

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