JAKARTA - PT Apexindo Pratama Duta Tbk (APEX) increased 34.74% on yesterday’s (7/9) session in Indonesia Stock Exchange (IDX), replacing PT Telefast Indonesia Tbk (TFAS), which last Wednesday (6/9) reigned at the top of the gainers’ list.

Based on the IDX data collected today (8/9), APEX was closed at IDR 256 per share, strengthening IDR 66 from the previous closing price of IDR 190 per share. Yesterday’s closing price was also its highest rate, whereas the lowest hit IDR 191 per share.

The number of traded shares clocked up to 93.23 million in 11,202 transactions worth IDR 22.31 billion. The increase was seen as an opportunity by investors to mass-divest APEX’s shares. Foreign sell reached 22.74 million shares, whereas foreign buy clocked up to 3.66 million.

On the other hand, TFAS, the previous top gainer, slipped to the runner-up position with 24.88% increase. It was closed at its highest of IDR 1,280 per share, IDR 255 higher than the previous closing price of IDR 1,025 per share. The lowest transaction price was recorded at IDR 1,035 per share.

The surge encouraged investors to mass-divest their shares, resulting in foreign sell of 51,900 shares and foreign buy of 46,500 shares. The volume of traded shares clocked up to 830,800 shares, all recorded within 830 transactions worth IDR 1.02 billion. (LK/ZH)