Palm Oil Stock Prices Rise Up to 1.45 Percent on Tuesday, September 26, 2023

Palm Oil Magazine
PNGO or PT Pinago Utama Tbk, led the way with a 1.45 percent increase, followed by 3 other palm oil stocks.

PALMOILMAGAZINE, JAKARTA – The increase in the selling price of palm oil shares on Tuesday, September 26, 2023 provides a strong indication of the resilience of the palm oil industry amid the various economic crises that have occurred.

The success of the selling price of palm oil stocks also comes from the great opportunity of the crude palm oil (CPO) market which is still fluctuating.

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PNGO or PT Pinago Utama Tbk, led the way with a 1.45 percent increase, followed by 3 other palm oil stocks. The increase in the price of these palm oil stocks is in sharp contrast to the collapse of the Indeks Harga Saham Gabungan (IHSG) 1.07 percent to 6,923.80.

Also Read : 8 Palm Oil Companies Stock Prices Friday September 15, 2023 Up to 2.59 Percent

The decline in the IHSG level continued the decline in the IHSG level last Monday (25/9). It fell by 18.46 points or at the JCI level of 6,998.38. The fall of the IHSG level in this row, causing the IHSG to slump further below the 7,000 level.

The decline in the IHSG, causing stock trading on the Indonesia Stock Exchange (IDX/BEI) is less attractive to stock investors.

The following is information on the selling prices of palm oil stocks on Tuesday, September 26, 2023, based on Palmoilmagazine.com monitoring:

  • PNGO shares or PT Pinago Utama Tbk, rose 1.45 percent. The selling price of PNGO shares is Rp. 1,400 per share.
  • STAA shares or PT Sumber Tani Agung Resources Tbk, rose 0.58 percent. The selling price of STAA shares is Rp. 860 per share.
  • TBLA or PT Tunas Baru Lampung Tbk. shares, up 0.57 percent. The selling price of TBLA shares is Rp. 875 per share.
  • FAPA or PT. FAP Agri Tbk. shares, up 0.50 percent. The selling price of FAPA shares is Rp. 5,075 per share.

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