JAKARTA – The stock of PT Mutuagung Lestari Tbk (MUTU) rose 26.77% until the closing bell of (21/8) yesterday’s transaction. It brought the issuer to top gainers, coinciding with increasing trend of Jakarta Composite Index (JCI).

The Indonesia Stock Exchange (IDX) data collected today (22/8) shows that MUTU’s shares rose IDR 34 to IDR 161 per share from the initial IDR 127. The closing price was also the highest price seen throughout yesterday’s transaction. The lowest hit IDR 127 per share, equal to the previous closing price.

The volume of shares being traded clocked up to 381.96 million units. They were engaged in 22,106 transactions, totalling IDR 56.73 billion. The increase then encouraged investors to rake in capital gain, resulting in foreign sell of 4.99 million and foreign buy of only 2.53 million shares.

Then, PT Indo Straits Tbk (PTIS) recorded 24.69% shift that brought the company to the top of the gainers’ list. PTIS’s stock price moved up IDR 80 to IDR 404 from the initial IDR 324 per share. Then, the highest and the lowest price was indeed recorded to IDR 404 and IDR 324 per share.

The increase of stock price has been optimised by investors to collect shares, leading to foreign buy of 332,600 and foreign sell of 256,700 shares. The traded shares clocked up to 7.16 million units, all recorded within 3,028 transactions worth IDR 2.79 billion. (LK/ZH)