JAKARTA (Yosefardi) – Shares of drilling services company PT Apexindo Pratama Duta (APEX) Tbk advanced 24.73% to Rp2900 Friday (June 7) morning, the second day of its relisting on IDX.
The stock gained 45% in its re-listing debut Wednesday (June 5). That means Apexindo gained almost 90% in two days of trading.
At the current price, Apexindo has market capitalization of around Rp7.8 trillion or about US$796 million.
Dyviacom (DNET) also advanced 24.74%. DNET is in the process of Rp7 trillion rights issue to acquire shares in Fast Food Indonesia (FAST), Nippon Indosari (ROTI), and Indomarco (operator of Indomaret convenience store outlets).