JAKARTA (Yosefardi) – Stocks of MNC Groups gained further this morning as the group might have collecting their own shares.
Global Mediacom (BMTR) soared 10%, Indonesia Air Transport (IATA) jumped 8.7%, and MNC Investama (BHIT) surged 7.94%.
While Media Nusantara Citra (MNCN) rose 3.57%, MNC Sky Vision (MSKY) advanced 3.2%, and MNC Kapital Indonesia (BCAP) added 1.39%.
The Financial Service Authority (OJK) had in Friday last week (August 23) issued new rule allowing a listed company to launch a buy back of shares without seeking approval from shareholders for a maximum of 20% of total company’s paid-up shares capital.