JAKARTA (Yosefardi) – Trading in shares of property developers was pretty heavy Monday (March 17) as investors expect a peaceful campaign and positive outcome of April and July elections.
Industrial estate developer Surya Semesta (SSIA) surged 15.64% with almost 100 million shares exchanged hands, while fellow Kawasan Industri Jababeka (KIJA) gained 6.3% with 246 million shares exchanged hands in the morning session.
Lippo Karawaci (LPKR) also jumped 6.61% with over 104 million shares exchanged hands, while Sentul City advanced 3.7% with 286 million shares traded.
Trading in Alam Sutera (ASRI) was also heavy with 221 million shares exchanged hands, while the stock advanced 2.36%.