JAKARTA - PT Island Concepts Indonesia Tbk (ICON) shares rose 34% following the decline in the Composite Stock Price Index (IHSG), yesterday (21/9). This issuer's shares replaced PT Mahaka Radio Integra Tbk (MARI), which was previously at the top of the Top Gainers.

Data from the Indonesian Stock Exchange (BEI) quoted Friday (22/9), ICON shares closed at the highest price of IDR 67 per share, a difference of IDR 17 from the previous closing price of IDR 50 per share. Meanwhile, the lowest price was traded at IDR 50 per share.

The increase in the issuer's shares to the upper rejection limit (ARA) encouraged more selling actions by investors. Foreign sell was recorded at 772,900 while foreign buy was nil. The volume of shares traded was 30.32 million, 1,463 times worth IDR 1.93 billion.

On the other hand, PT Meta Epsi Tbk (META) was runner-up with an increase of 30.96% until the transaction closed. This issuer's shares closed at IDR 165, a difference of IDR 39 per share from the previous closing of IDR 126 per share. The highest price was traded at IDR 170 and the lowest was IDR 126 per share.

The volume of these shares traded was 891.51 million in 38,433 times for IDR 137.52 billion. Positive sentiment towards the issuer's shares prompted foreign buys of 22.21 million, more than foreign sells recorded at 21.28 million. (LK/LM)