JAKARTA - PT Telefast Indonesia Tbk (TFAS) managed to once again secure the top gainers title last Friday (8/9) after slipping up to the runner-up on September 7.

Based on the Indonesia Stock Exchange (IDX) data quoted Monday (11/9), the stock soared 25% or shifted IDR 320 higher, allowing the closing price to reach IDR 1,600 from the initial IDR 1,280 per share. The closing price was also the highest throughout the session, whereas the lowest price was recorded at IDR 1,400 per share.

The positive trend urged investors to mass-divest their portions to rake in capital gain. Foreign sell was recorded at 19,600, higher than the foreign buy of 9,000 per share. The volume of traded shares clocked up to 568,900, all recorded within 525 transactions worth IDR 894.34 million.

PT Pakuwon Tbk (UANG), on the other hand, reported 25% price surge, but it lacked the foreign investors’ enthusiasm in the market. It was closed at IDR 540, shifting IDR 108 from the previous closing price of IDR 432 per share.

The volume of traded shares clocked up to 40,600 shares, all recorded within 58 transactions worth IDR 21.87 million. The foreign sell and buy were seen nil despite its quite promising trend. (LK/ZH)