JAKARTA (Yosefardi) – While investors focus selling most stocks related to MNC Group this morning along with the broader market sentiment, some recollected shares of Media Nusantara Citra Tbk (MNCN).
As a result, MNCN, flagship of the group, regained ground this morning, gaining 7% with 22.19 million shares exchange hands.
Other stocks of MNC Group extend their corrections. Bhakti Investama dropped further 6.45%, Global Mediacom lost 2.6%, and Indonesia Air Transport fell 3.3%.
Just a reminder, MNC Group places funds in mutual funds managed by the group’s fund management companies.