JAKARTA – The stock price of PT Ladangbaja Murni Tbk (LABA) soared 31.39% this Monday (13/5) after a long holiday last week. This shift leads the company to the top of the gainers’ list in the stock market.

Quoted from the data of Indonesia Stock Exchange (IDX), LABA was closed at IDR 180, up IDR 43 from the closing price last Wednesday of IDR 137 per share. The highest transaction price was at IDR 184, while the lowest hit IDR 123 per share.

The volume of traded shares clocked up to 36.70 million, recorded within 5,121 transactions worth IDR 6.36 billion. Positive sentiment towards this issuer drove foreign investors to collect LABA’s share, as seen through foreign buy of 200 shares, compared to zero foreign sell.

On the other hand, PT Alfa Energi Investama Tbk (FIRE) was reported climbing 22.73% to the runner-up spot, scoring IDR 20 increase to IDR 108 from the closing price last Wednesday of IDR 88 per share. The lowest transaction price was IDR 91, and it peaked at IDR 108 per share.

This positive sentiment seen in the stock market today has prompted investors to purchase more of FIRE’s shares, as foreign buy was recorded at 1.71 million shares, while foreign sell clocked up to 1.2 million shares. The transaction volume reached 70.44 million, recorded within 6,915 transactions worth IDR 7.29 billion. (LK/ZH)