JAKARTA (Indonesia Today) – Investors focus trading in shares of state construction company PT Waskita Karya Tbk (WSKT) this morning, lifting the stock price by 7.04% to Rp760 per share.

Some 56.82 million shares exchange hands this morning trade, the most actively traded stock. The stock had gained 100 compared to its IPO price of Rp380. Waskita had just listed its 9.63 million shares at IDX in mid December 2012.

Waskita Karya targets its net profit ro reach Rp356 billion this year and revenue of more than Rp11 trillion. The company expects to book net profit of Rp250 billion and revenue of Rp9 trillion in 2012. (hans@theindonesiatoday.com)