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Want to be banned from alcohol? Here’s how beer stocks move

Jakarta, CNBC Indonesia –Stocks of alcoholic beverage or mineral drinks were closed in the red zone in trading today after the easing of the Bill (RUU) that prohibits consumption and production of mineral oil.

It was observed that the shares of PT Delta Djakarta Tbk (DLTA), a producer of mineral beer with the Anker brand, were traded down 0.24 percent to Rp 4,110 / unit.

The shares of the beer company, which is also owned by the DKI Regional Government (Pemda) as much as 26.25% as of October 31, 2020, plummeted towards the end of trading after being transacted 68 times with a total transaction value of IDR 181 million.


Furthermore, shares of mineralol producer PT Multi Bintang Indonesia Tbk (MLBI) also fell badly by 3.06% towards the end of trading to the level of Rp 8,725 / unit.

This Heineken-branded beer mineralol producer has traded 298 times with a total transaction value of Rp 4.23 billion.

Previous, Legal Plan Documents (RUU) against the ban on alcoholic beverages suddenly spread on social media. The document contains seven chapters covering 24 articles. This bill has long been a plan of discussion in the House of Representatives.

From the documents received CNBC Indonesia, Thursday (12/11), a chapter specifically discusses the issue of prohibition. In essence, the production process, circulating to consuming will be prohibited, except for what is allowed in this law. The regulated prohibition applies to all alcoholic beverages from beer to wine.

CNBCINDONESIA RESEARCH TEAM

[Gambas:Video CNBC]

(trp/trp)


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