JAKARTA - PT Mandiri Herindo Adiperkasa Tbk (MAHA) shares are at the top of the Top Gainers in their debut on the Indonesia Stock Exchange (IDX), Wednesday (25/7). The issuer's share price went up 34.75% to almost touch the upper auto rejection limit (ARA).

Based on IDX data compiled by idnfinancials.com on Wednesday (26/7), this issuer's shares were traded until the close of trading at IDR 159 per share, an increase of IDR 41 per share from the offering price of IDR 118 per share.

Positive sentiment towards this issuer encourages investors to take advantage of opportunities to seek profits. Foreign sell was recorded at 605,000 shares while foreign buy was nil. The issuer's share volume was traded at 82.10 million in 6,726 transactions valued at IDR 13.05 billion.

PT Sinergi Andalan Inti Prima Tbk (INET), which was previously at the top of the Top Gainers, had to drop to the runner-up level with a gain of 27.21%. The issuer's shares rose IDR 37 per share to IDR 173 per share from the previous closing price of IDR 136 per share.

The volume of INET shares was traded at 527.27 million in 35,313 transactions worth IDR 94.48 billion. Positive sentiment towards this issuer encourages foreign investors to seek cash, foreign sell at 4.91 million, higher than foreign buy 1.18 million. (LK/LM)