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Dropped to a standstill, Garuda’s shares almost touched the shallow level

Jakarta

PT shares Garuda Indonesia (Persero) Tbk (GIAA) has continued to experience weakness since the suspension or stock lock was opened. Now, Garuda’s shares are approaching the level of Rp 100 per share.

Quoted from RTI data, Tuesday (17/1/2023), Garuda shares were at the level of IDR 101 at 9.33 WIB. Shares of state-owned airlines or decreased by Rp. 7 (6.48%). Garuda shares touched the lower auto reject limit (ARB) or dropped to a maximum

Garuda shares immediately weakened since the beginning of trading. The shares immediately collapsed to a level of Rp 101.

The total number of shares traded was 2.22 million shares with a value of IDR 224.51 million. Garuda’s shares were traded 26 times.

Meanwhile, the company’s market capitalization was recorded at Rp 9.24 trillion.

To be known, shares Garuda Indonesia actually had strengthened at the beginning of the stock suspension was lifted. After that, Garuda’s shares continued to fall.

On the other hand, the Composite Stock Price Index (IHSG) has strengthened this morning. JCI perched to the level of 6698.63 or increased by 0.16%.

(acd/the)

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