JAKARTA (Yosefardi) – Shares of PT BW Plantation Tbk (BWPT) retreated 5.6% to Rp590 per share at 3.49 pm Jakarta time Thursday (Oct 2), with over 23.2 million shares exchanged hands.
The stock gained 12.6% yesterday after losing 52% recently following its rights issue plan with substantial discount prices.
In line with broader market sentiment, BWPT lost by 9.6% to Rp565 per share in morning trade.
While Composite index of the Indonesia Stock Exchange (IDX) dropped 2.29% to 5022. Japan’s Nikkei lost 2.6% and Hong Kong’s Hang Seng fell 1.28%.
Japanese stocks were knocked hard on Thursday as weak global manufacturing activity and an Ebola health scare in the United States spooked world markets, sending investors scurrying to the safety of U.S.