IHSG Drops 20.22 Points, 4 Palm Oil Companies Stocks are Still Green on September 18, 2023

Doc. Palmoilmagazine.com / The selling price of palm oil stocks on September 18, 2023 still rose by 2.14 percent. NSSS shares or PT Nusantara Sawit Sejahtera Tbk, had the highest increase in the selling price of its shares.

PALMOILMAGAZINE, JAKARTA –  Despite being overshadowed by the drop in the Jakarta Composite Index (IHSG ) to below the 7,000 level again, the strength of the selling price of palm oil shares can still be felt.

The selling price of palm oil stocks on September 18, 2023 still rose by 2.14 percent. NSSS shares or PT Nusantara Sawit Sejahtera Tbk, had the highest increase in the selling price of its shares.

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The decline in the IHSG  level has indeed been felt by stock investors since the morning. Although stock trading on the Indonesia Stock Exchange (IDX) opened up at 7,013.17 or up 1.51 points. However, stock trading was felt to be running very slowly.

Also Read : IHSG on Monday, August 14, 2023, increased by 0.44 percent

Unlike the day before (20/9), the IHSG  level moved very fast and dynamically. In addition, almost all stock selling prices fluctuate. The nuances of stock trading are very dynamic, not felt again on Thursday (21/9).

Throughout stock trading on the IDX, IHSG  ranged from 6,974.01 to 7,021.29. Although the IHSG  level had risen in the morning, it slowly returned down until the close of the afternoon.

The following is information on the selling price of palm oil shares on Thursday, September 21, 2023:

  1. NSSS shares or PT Nusantara Sawit Sejahtera Tbk, rose 2.14 percent. The selling price of NSSS shares is Rp. 191 per share.
  2. BWPT or PT Eagle High Plantations Tbk. shares, up 1.75 percent. BWPT’s share price is Rp. 58 per share.
  3. CBUT or PT Citra Borneo Utama Tbk. shares, up 1.68 percent. The selling price of CBUT shares is Rp. 3,020 per share.
  4. SMAR shares or PT Sinar Mas Agro Resources & Technology Tbk. rose 0.46 percent. The selling price of SMAR shares is Rp. 4,400 per share.

Although relatively few have experienced an increase in the selling price of their shares, this is a major indicator of the strength of palm oil issuers as one of the stocks of choice for stock investors.

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