JAKARTA – The stock of PT Itsec Asia Tbk (CYBR) reportedly soared to upper auto rejection limit of 35% during its debut on Indonesia Stock Exchange (IDX) yesterday (8/8). The stock of this cybersecurity company went straight to the top gainers after securing IDR 35 increase.

Based on IDX data compiled today (9/8), CYBR’s stock was at IDR 135 per share, shifting from IDR 100. Prior to the closing at its peak of IDR 135 per share, it once hit the floor of IDR 130 per share.

Investors, especially foreign ones, seemed enthusiastic about CYBR’s stock during its initial listing on IDX. The foreign buy was recorded at 17.93 million and foreign sell of 266,800 shares. The traded shares reportedly clocked up to 59.56 million units, recorded within 6,092 transactions worth IDR 8.03 billion.

On another level, the issuer also engaged in the information technology (IT) sector, PT Informasi Teknologi Indonesia Tbk (JATI) sat at the runner-up position with 33.82% increase. The issuer was closed at IDR 91, shifting from IDR 68 per share, which was also its lowest price level recorded yesterday (8/8).

The traded shares were recorded at 169.42 million within 10,791 transactions worth IDR 14.38 billion. As opposed to CYBR’s shares that were collected by investors, JATI’s were mostly divested. The foreign sell reached 21.05 million, whereas the foreign buy was stuck at 13.83 million shares. (LK/ZH)