JAKARTA – Stock price of PT Mitra Dagang Indonesia Tbk (MPIX) and PT Bersama Mencapai Puncak Tbk (BAIK) continue to slip off after a month debuting on the board since February 2023. Throughout the past month, Indonesia Stock Exchange (IDX) recorded the listings of 8 new issuers.

Based on the data compiled by IDNFinancials today (26/3), MPIX set the initial public offering (IPO) price to IDR 268 on February 7. It offered 3.12 million shares for a total value of IDR 83.75 billion.

As of yesterday (25/3), MPIX was closed at IDR 81 per share, also its highest transaction price, while the lowest was recorded at IDR 80 per share. Compared to IPO price, it has gone down 69.77%.

Furthermore, BAIK also reported latest closing price of IDR 86 per share at yesterday’s (25/3) closing bell. The highest transaction reached IDR 90 per share, while the lowest was at IDR 85 per share. Compared to its IPO price on February 15 of IDR 278, it has declined 69.06%. During its IPO, it offered 2.25 million shares for a total value of IDR 62.55 billion.

In the meantime, six other issuers fortunately scored growth of approximately 10% to 25%. PT Ancara Logistics Indonesia Tbk (ALII), however, soared 47.05% to IDR 400 at yesterday’s closing bell from IDR 272 at its IPO on February 7. PT Multikarya Asia Pasifik Raya Tbk (MKAP) even reported 59.50% surge to IDR 284 from IDR 114 per share on February 12.

Next, PT Harta Djaya Karya Tbk (MEJA) also soared 42.13% to IDR 178 from IDR 103 per share during its IPO on February 12. LIVE also climbed 10.81% to IDR 164 from IDR 148 on the same date, while PT Ecocare Indo Pasifik Tbk (HYGN) climbed a shy of IDR 2.7% to IDR 149 from IDR 145 per share on February 13, and PT Satu Visi Putra Tbk (VISI) sported a 40% jump to IDR 168 from IDR 120 per share on February 27. (LK/ZH)