JAKARTA – The stock of PT Garda Tujuh Buana Tbk (GTBO) was closed with 24.62% increase amidst the 0.46% slide of Jakarta Composite Index (JCI) to 6,854.510. The surge allows GTBO to sit at the top gainers position, reigning above 10 other top gainers.

Based on the Indonesia Stock Exchange (IDX) data compiled by IDNFinancials today (3/8), the price of this coal mining company increased IDR 64 per share to IDR 324 from the previous IDR 260. It hit the lowest price level at IDR 268 per share.

The volume of traded shares clocked up to 14.89 million, recorded within 3,132 transactions worth IDR 4.72 billion. Amidst the slowing market, most investors divested their portions, hoping to rake in profit. IDX saw that GTBO recorded foreign sell of 511.800 shares, higher than the foreign buy of 358,100 shares.

Meanwhile, PT Pudjiadi Prestige Tbk (PUDP) soared to the runner-up position after scoring 24.55% increase. It was closed at its peak of IDR 685 per share, shifting IDR 135 from the previous IDR 550 per share.

The volume of traded shares of PUDP reached 1.24 million shares within 951 transactions, totalled to IDR 823.81 million. The weakening market drove investors to mass-buy PUDP’s shares and anticipate for a more profitable trend. Therefore, the foreign sell clocked up of 86,500 shares, much higher than the foreign buy of 201,200 shares. (LK/ZH)