JAKARTA – Stock performances of four issuers were reportedly plummeting after a year making their ways in the stock exchange, ranging from August 8 to 10, 2023.

Based on IDNFinancials data compiled today (13/8), four issuers were seen turning one year old as public companies. They are PT Mutuagung Lestari Tbk (MUTU), PT Humpuss Maritim Internasional Tbk (HUMI), PT Lupromax Pelumas Indonesia Tbk (LMAX), and PT Multisarana Intan Eduka Tbk (MSIE).

During IPO, MUTU offered shares for IDR 108 each, now down 25.92% to IDR 80 per share seen at yesterday’s (12/8) closing price. The transaction volume and frequency of MUTU was reportedly reaching 830,100 shares within 133 transaction, totalling IDR 65.69 million. Its listed shares clocked up to 3.14 billion.

Then, HUMI also saw 36% decline in stock price to IDR 64 per share from IDR 100 each set in IPO. The transaction volume and frequency of HUMI was reportedly reaching 900 million shares within 20,000 transaction, totalling IDR 61.29 billion. The listed shares clocked up to 18.04 billion.

For LMAX, its decline reached 86% to IDR 28 per share from the initial offering price of IDR 200. The transaction frequency only reached 63, with transaction volume of 301,300 shares. Its listed shares were recorded up to 650 million.

Meanwhile, MSIE saw 85% drop to IDR 15 from IDR 100 per share set in IPO. The transaction volume only reached 133,900, with frequency of 29 transactions worth IDR 1.93 million in total. Listed shares of MSIE were 1.46 billion. (LK/ZH)