Jakarta, CNBC Indonesia – The Composite Stock Price Index (JCI) successfully rose 1.25% this week to 6,815.607. The stock of the pride of the country has even recorded an all-time high for 3 times.
The all-time high was first set on Monday (7/2) at 6,806.730, then broke again the day after it broke again at 6,860,750. The record was crossed again last Thursday to 6,874,351 which is the current high, before being corrected.
When the JCI rose, several stocks certainly posted sharp gains and became top gainers in this week. What’s interesting, the top 3 stocks are stocks below cepek (Rp 100/share).
PT Indonesia Transport & Infrastructure Tbk (IATA) won this week. Last week, IATA’s shares were at the level of Rp. 74/share, while at the close of this week at Rp. 161/share, it means that it rose more than 117%.
The increase in the price of air transportation issuers owned by entrepreneur Hary Tanoesoedibjo occurred after changing business focus to investment and holding companies, this was disclosed in an information disclosure on the IDX on Tuesday (8/2).
IATA management said the reasons for the planned change in business activities are in line with the company’s strategy and efforts to improve performance and encourage sustainable growth in the company’s performance and to increase value for shareholders in the future.
Then in second place was PT Gozco Plantations Tbk (GZCO) which shot up more than 79% to Rp 120/share from last week’s Rp 67/share.
This increase is inversely proportional to the company’s financial performance which was still depressed until the third quarter of last year.
In the latest financial report, although it failed to make a profit, Gozco was recorded to have managed to cut its net loss amid growing sales and company revenues. For information, the last time Gozco recorded an annual net profit (full year) was about 7 years ago or in 2014.
Completing the top three is PT Wilton Makmur Indonesia Tbk (SQMI). The share price of the issuer engaged in the mining sector last week was at the level of Rp 50/share and this week it rose 50 percent to Rp 75/share.
Here’s a list top gainers in this week.
Meanwhile, PT Mitra Angkasa Sejahtera Tbk (BAUT), which last week became the runner up stocks with the best performance even became the top loser this week. BAUT slumped 25.23% to Rp 160/share this week.
The company, which produces nuts and bolts from Tangerang, listed its initial shares on the Indonesia Stock Exchange (IDX) on Friday, January 28, 2022.
The company became the 5th issuer listed on the IDX this year by releasing 1.45 billion shares or the equivalent of 30.21% of the shares released to the public.
The following issuers top losers in this week.
(pap/pap)
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