JAKARTA – The stock of  PT Sumi Indo Kabel Tbk (IKBI) soared 25% during yesterday’s (7/8) transaction at Indonesia Stock Exchange (IDX). This shift leads this issuer to top gainers position amidst the rise of Jakarta Composite Index (JCI).

Based on IDX data compiled by IDNFinancials today (8/8), the stock was closed at IDR 800 yesterday, increasing IDR 160 from the closing price last Friday (4/8) of IDR 640 per share. The stock was once being traded at its lowest level of IDR 640 per share.

Throughout the session, 3.42 million shares were being traded within 1,577 transactions worth IDR 2.63 billion. JCI’s growth then drove foreign investors to mass-collect the shares, resulting in foreign buy of 132,200 units, higher compared to foreign sell of 64,400 shares.

Meanwhile, PT Sari Kreasi Boga TBK (RAFI) also recorded 25% increase or shifted IDR 25 higher. It was closed at IDR 80, much higher than IDR 64 seen last Friday. Throughout the session, it peaked at IDR 83 and hit the lowest at IDR 63 per share.

The volume of traded shares clocked up to 487.44 million units, recorded within 19,480 transactions worth IDR 36.67 billion. The positive sentiment seen in JCI also made foreign investors to acquire more of RAFI’s shares, thus recording 23.26 million shares in foreign buy and foreign sell of 20.13 million. (LK/ZH)