JAKARTA (Yosefardi) – Property stocks, which gained substantially in the past two years, continued their corrections Wednesday (June 5th).
Ciputra Development leads with 4.23% fall, while Alam Sutera Realty lost 3.1%. Trading volume of these stocks was relatively high.
Ciputra Surya, Ciputra Property, Bekasi Fajar Industrial Estate, and Intiland Development also lost more than 2% each. Pakuwon Jati also down 1.23%, while Perdana Gapuraprima lost 4.44%.
Summarecon Agung, however, gained substantially by 5.83%, while Lippo Cikarang rebounded 1.61%. Modernland also ended in green zone alongside Agung Podomoro and Sentul City.