PALMOILMAGAZINE, JAKARTA – The increase in palm oil stock prices by 8.72 percent on Monday (9/18) stands in stark contrast to the 0.67 percent decline in the IHSG level. The rise in palm oil stock prices is attributed to the positive sentiment among stock investors in search of business prospects.
According to observations by Palmoilmagazine.com in the stock market of the Indonesia Stock Exchange (BEI), the increase in the price of NSSS stock by 8.72 percent had been steadily climbing since morning. The PSGO stock also followed suit in this upward trend.
The surge in palm oil stock prices was led by NSSS stock and was followed by nine other palm oil issuer stocks. Here are the top 5 palm oil stock prices in Monday’s stock trading on September 18, 2023:
- NSSS stock or PT. Nusantara Sawit Sejahtera Tbk., rose by 8.72 percent. The price of NSSS stock reached Rp. 187 per share.
- STAA stock or PT. Sumber Tani Agung Resources Tbk., rose by 4.65 percent. The price of STAA stock reached Rp. 900 per share.
- PSGO stock or PT. Palma Serasih Tbk., rose by 4.58 percent. The price of PSGO stock reached Rp. 137 per share.
- PNGO stock or PT. Pinago Utama Tbk., rose by 2.89 percent. The price of PNGO stock reached Rp. 1,425 per share.
- ANJT stock or PT. Austindo Nusantara Jaya Tbk., rose by 1.31 percent. The price of ANJT stock reached Rp. 775 per share.
The increase in stock prices also affected JARR stock, which rose by 1.29 percent, UNSP rose by 0.89 percent, TBLA rose by 0.60 percent, SGRO rose by 0.49 percent, and SSMS rose by 0.43 percent.
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