PALMOILMAGAZINE, JAKARTA – Although the Stock Exchange is experiencing sluggish buying and selling interactions, the optimism of stock investors hunting for profits is still visible in the trading of palm oil stocks.
Until the afternoon of trading on Monday, October 16, 2023, JAWA’s share price skyrocketed by 24.44 percent and was followed by four other palm oil stocks.
The increase in the selling price of these palm oil stocks, amid the fall of the Composite Stock Price Index (IHSG) level up to 0.44 percent. Based on Palmoilmagazine.com monitoring, JAWA shares have continued to climb in price since the morning and have continued their upward trend since last Friday, reaching 34.33 percent.
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The following are the selling prices of palm oil stocks that experienced an increase in stock trading on the Indonesia Stock Exchange (IDX) on Monday, October 16, 2023: JAWA shares or PT Jaya Agra Wattie Tbk, rose 24.44 percent. The selling price of JAWA shares is Rp. 224 per share. MGRO or PT Mahkota Group Tbk. shares, up 2.48 percent. The selling price of MGRO shares is Rp. 620 per share.
Followed by PNGO shares or PT Pinago Utama Tbk. rose 2.22 percent. The selling price of PNGO shares is Rp. 1,380 per share. JARR shares or PT Jhonlin Agro Raya Tbk. rose 1.12 percent. The selling price of JARR shares is Rp. 180 per share. TLDN shares or PT Teladan Prima Agro Tbk. rose 0.44 percent. The selling price of TLDN shares is Rp. 460 per share.
Meanwhile, the decline in the IHSG level continued its decline since the close of last week. Last Friday (13/10), IHSG fell 8.37 points to 6,926.78.
In morning stock trading, IHSG opened at 6,961.95. Although the IHSG experienced an increase at the opening, at 10 am, it immediately fell to 6,895.44.
Throughout today’s stock trading on the Indonesia Stock Exchange (IDX / BEI), the IHSG ranged from the level of 6,878.26 to the level of 6,970.60. Throughout stock trading later, it tended to stagnate until the close of the afternoon.
Keep up with the latest information on palm oil issuers only at Palmoilmagazine.com. Mitra Media Networks news network. (T1)