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Finally! GoTo shares are back above Cepek

Jakarta

Shares of PT GoTo Gojek Tokopedia Tbk (GOTO) finally got up and broke the Rp. 100 per share mark. Previously, the shares of this technology company had fallen below the Rp. 100 level for a long time.

Quoting RTI data, Friday (13/1/2023), GoTo shares were at the level of IDR 102 per share at 10.14 WIB. The shares rose by Rp 5 or as much as 5.15%.

This morning, GoTo shares opened at a level of IDR 97 or the same compared to the previous close. Having weakened, GoTo shares then continued to strengthen.

So far, the stock GoTo moving between the level of IDR 94 to IDR 104 per share. The total volume transacted was 2.81 billion shares with a transaction value of IDR 282.94 billion.

The transaction frequency was recorded at 15,944 times. Then, GoTo’s market capitalization was recorded at IDR 120.81 trillion.

As is known, GoTo’s share price has recently weakened. This weakening is in line with the end of the stock lockup period which allows old investors to make transactions or sell shares.

Meanwhile, the Composite Stock Price Index (IHSG) moved in two directions. JCI was perched at the level of 6627.32 or weakened by 0.04%.

(acd/the)

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