JAKARTA (Yosefardi) – Investors made an aggressive buying on shares of PT Eagle High Plantation on Wednesday (May 27) while overall market was hit by sell-off.
The buying occurred during the afternoon trade. BWPT has gained 60% this month, after falling 38% from Rp397 in January 2 to Rp245 in May 4.
The active buying on BWPT share during this month is driven by rumor saying Rajawali Group plans to divest its shareholdings in BWPT.