Jakarta, CNBC Indonesia – Shares of the issuer of the paper mill PT Sriwahana Adityakarta Tbk (SWAT) and the issuer of the toy manufacturer PT Sunindo Adipersada Tbk (TOYS) became the top gainers in the first half of today’s trading, Friday (17/9/2021).
Meanwhile, shares of the Ooredoo Group telecommunication issuer PT Indosat Tbk (ISAT) became the top losers along with the issuer’s shares which is engaged in the coconut oil exporter business PT Indo Oil Perkasa Tbk (OILS).
After having strengthened, the Composite Stock Price Index (JCI) finally slipped into the red zone towards the close of session I this afternoon. JCI fell 0.18% to 6,098.883 at the close of the first trading session on Friday (17/9).
According to IDX data, 182 stocks managed to rise, 287 stocks fell and 177 stocks remained stagnant, with a transaction value reaching Rp 67.17 trillion and trading volume reaching 17.30 billion shares.
In the midst of the JCI weakening, foreign stock market investors left the Indonesian stock exchange with a record foreign net selling of Rp 111.78 billion in the regular market. Meanwhile, foreigners recorded a net sale in the negotiating market and cash market of Rp 20.75 billion.
Here are the top 5 stock gainers and losers of session I today (17/9).
Top Gainers
-
Sriwahana Adityakarta (SWAT), shares +30.00%, to Rp 117, transaction Rp 33.0 M
-
Bekasi Asri Pemula (BAPA), +23,21%, to Rp 69, transaction Rp 8.5 M
-
Starlight Field (CBMF), +22.22%, to Rp 88, transaction Rp 12.3 M
-
J Resources Asia Pasifik (PSAB), +9.93%, to Rp 166, transaction Rp 18.9 M
-
Sunindo Adipersada (TOYS), +8.11%, to Rp 240, transaction Rp 67.3 M
Top Losers
-
Dharma Samudera Fishing Industries (DSFI), shares -6.86%, to Rp 95, transaction Rp 21.3 M
-
Triniti Dynamic (TRUE), -6.63%, to Rp 310, transaction Rp 155.2 M
-
Indosat (ISAT), -4.56%, to Rp 6,800, transaction Rp 78.1 M
-
Indo Oil Perkasa (OILS), -4.31%, to Rp 444, transaction Rp 169.4 M
-
State Gas Company (PGAS), -3.98%, to Rp 1,085, transaction Rp 96.1 M
According to the data above, SWAT shares led the rise by rising 30% to Rp 117/share. With this, SWAT stocks have shot up for 3 days in a row. In a week this stock jumped 53.95%, while in a month jumped 64.79%.
Then, TOYS shares rose 8.11% to Rp 240/share, after being stagnant in yesterday’s trading. In a week this stock rose 8.11%, while in a month ‘fly’ 87.50%.
In contrast, after having shot up to Rp 7,650/share this morning, ISAT’s stock reversed until it closed down 4.56% to Rp 6,800/share.
This ISAT stock movement occurred amid the official news of the merger of ISAT and PT Hutchison 3 Indonesia (H3I) or Tri Indonesia.
Previously, Ooredoo QPSC (Ooredoo) and CK Hutchison Holdings Limited (CK Hutchison) officially announced the signing of a definitive transaction agreement for the proposed merger of their respective telecommunications businesses in Indonesia, namely Indosat and PT Hutchison 3 Indonesia (H3I) or Tri Indonesia.
The combined company will then be named PT Indosat Ooredoo Hutchison Tbk (Indosat Ooredoo Hutchison).
Meanwhile, the combined company will remain listed on the Indonesia Stock Exchange, with the stock code ISAT, where the Indonesian government owns the remaining 9.6% stake in ISAT, PT Tiga Telekomunikasi Indonesia owns 10.8% shares, and public shareholders other 14.0% shares.
“A large telecommunication transaction in Asia with a total value of up to US$ 6 billion. This transaction combines the two companies to become the number two stronger operator in Indonesia with annual revenues of up to US$ 3 billion,” wrote ISAT and Tri Indonesia management, in a joint official statement. , Thursday night (16/9/2021).
In addition to ISAT shares, OILS shares also fell 4.31% to Rp 444/share. With this, OILS shares have fallen for 6 consecutive days, with 5 of them touching the lower auto rejection limit (ARB) of 7%.
This series of declines occurred after OILS shares recorded an increase to the upper auto rejection (ARA) limit of 25% for 4 consecutive days after their first debut on Monday (6/9/2021) last week.
CNBC INDONESIA RESEARCH TEAM
(adf/adf)
– .
