JAKARTA (Yosefardi) – Shares of PT Multipolar Tbk (MLPL), controlled by Lippo Group, jumped 5.2% to Rp705 this morning while overall market was flat.
Trading in Multipolar was growing since April 2014 (at Rp450) and reached its pick at Rp1080 in October 1, 2014. Since then it was facing declining trend.
Matahari Putra Prima Tbk (MPPA), member of Lippo Group, also rose 2.7% to Rp3030.
Composite index of the Indonesia Stock Exchange (IDX) only gained 0.1% to 5170 this morning inline with regional markets.
Nymex’s crude oil inched down 0.09% to US$46.35 per barrel in Asian trading this morning while gold rose 0.1% to US$1,295.50 per ounce.