JAAKRTA – Technical analysis from PT Ina Sekurtias Indonesia provides insight towards the trend of PT Perusahaan Perkebunan London Sumatra Indonesia Tbk (LSIP), Monday (10/20.

CPO price increase, as well as Ramadhan approaching, thus potentially increasing the people’s tendencies to use cooking oil, serve as positive sentiment towards LSIP's shares.

LSIP is engaged in the palm and rubber plantation. The company also processes these commodities and sells the products.

For further analysis on LSIP’s trend, see the video. (DK/ZH)

Chart: Bloomberg