TEMPO.CO, Jakarta - Since Thursday, October 27, stocks belonging to companies under the Bakrie Group dominated trading at the Indonesia Stock Exchange (IDX), Jakarta. When the trade opened at 09.00 am, five out of the day's 10 most actively traded stocks were Bakrie's.
The stocks include Darma Henwa (DEWA), Bumi Resources (BUMI), Energi Mega Persada (ENRG), Bumi Resources Minerals (BRMS), and Bakrie Sumatra Plantations (UNSP). Those stocks have been idle for a long time, with their prices stuck at the lowest Rp50 a unit—or called the 'gocap' or fifty stock.
DEWA was trapped at the cheap zone since July 2012. On October 27, it rebounded to Rp61 per share.
UNSP has been stuck at Rp50 a share since June 2014. Yesterday it gained to Rp57 and reached the highest price level of Rp63. Today, UNSP slipped down again and was traded for Rp50-Rp52.
Meanwhile, BBMRS and BUMI shares have been a gocap stock since October and July last year. Today, BRMS opened at Rp83 and BUMI opened at Rp189. BUMI even reached a high level of Rp216.
DESTRIANITA
