JAKARTA (Yosefardi) – Investors buying on construction stocks this morning as these stocks are considered cheap after substantial corrections year to date.
At 9.49 am Jakarta time, Adhi Karya (ADHI) gained 9.6% to Rp2,050, rebounded 37% from its bottom this year but still lost 46% from its peak yer to date.
Waskita Karya (WSKT) surged 10.2% to Rp660 per share, regained 47% from bottom but fell 37% from its peak year to date.
While Wijaya Karya (WIKA) soared 12.64% to Rp2,050 per share, rebounded 44% from buttom but remain lost 28% from its peak year to date.