PALMOILMAGAZINE, JAKARTA — Shares of palm oil plantation companies listed on the Indonesia Stock Exchange moved in mixed directions in the latest trading session, as investors navigated ongoing market volatility and shifting commodity sentiment.
Market data showed that PT Perusahaan Perkebunan London Sumatra Indonesia Tbk (LSIP) led the gains, rising 3.88% to Rp1,340 per share. PT Austindo Nusantara Jaya Tbk (ANJT) also posted a solid increase of 2.67% to Rp1,540 per share.
Other gainers included PT Salim Ivomas Pratama Tbk (SIMP), which climbed 1.72% to Rp590 per share, and PT Sinar Mas Agro Resources and Technology Tbk (SMAR), up 1.22% to Rp4,960 per share. Meanwhile, PT Teladan Prima Agro Tbk (TLDN) edged up 0.83% to Rp610 per share.
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On the downside, PT Astra Agro Lestari Tbk (AALI) slipped 0.35% to Rp7,200 per share, while PT Sumber Tani Agung Resources Tbk (STAA) declined 0.83% to Rp1,195 per share.
Shares of PT Triputra Agro Persada Tbk (TAPG) and PT Pulau Subur Tbk (PTPS) remained unchanged during the session.
Market participants noted that the performance of palm oil stocks continues to be influenced by fluctuations in global crude palm oil (CPO) prices, as well as external factors such as movements in competing vegetable oil prices and policy uncertainty among major producing countries.
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As a result, investors are becoming increasingly selective, focusing on companies with strong fundamentals and more resilient market exposure.
Looking ahead, analysts expect palm oil stocks to remain sensitive to global CPO price trends and energy policies, including the expansion of biodiesel programs, which could further support domestic demand. (P2)
