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    Ahead of the MK decision, the composite share price index strengthened

    Kamis, 27 Juni 2019, 15:11 WIB Last Updated 2020-06-20T15:44:24Z

    BERITA SOLO - Ahead of the Constitutional Court's verdict, ADRO's shares opened up 10 points in trading on Thursday (6/27/2019). Nevertheless, the pace of shares closed stagnant at the level of Rp1,360 at the close of the first trading session on Thursday (6/27/2019).

    The Constitutional Court (MK) is scheduled to announce the results of the trial regarding the general election results dispute (PHPU), Thursday (06/27/2019). The request was submitted by candidate pair President and Vice President number 02 Prabowo Subianto and Sandiaga Uno.

    Based on observations through Bloomberg, the share price of the SRTG-coded issuer experienced a correction of 100 points or 2.75% to the level of IDR3,530 at the close of the first trading session on Thursday (6/27/2019). The total market capitalization owned is valued at IDR 9.58 trillion.

    The composite stock price index (IHSG) was recorded to rise 36.999 points or 0.59% to the level of 6,347,488 at the close of the first trading session on Thursday (6/27/2019). The movement of the index has gained 2.47% throughout the 2019 period.

    From today's data, SRTG has an investment portfolio in a number of companies that are also located on the Indonesia Stock Exchange (IDX).

    In the mining sector, for example, SRTG has narrowed its share ownership in PT Merdeka Copper Gold Tbk. The IDX noted that the ownership of SRTG at the MDKA-coded issuer was 20.756% at the end of May 2019.

    Bloomberg noted that MDKA shares opened a 10-point correction at Rp. 4,690 at the opening of trading on Thursday (6/27/2019). In the first session of trading, the company's shares closed down 30 points or 0.64% to the level of IDR 4,670.

    In addition to MDKA, SRTG also has a mining portfolio in PT Adaro Energy Tbk. (ADRO) through PT Adaro Strategic Investments. As is known, Sandiaga and Edwin Soeryadjaya are part of Adaro Strategic Investments.

    In the telecommunications sector, SRTG has a portfolio at PT Tower Bersama Infrastructure Tbk. engaged in telecommunications towers. Issuer coded TBIG shares also rose 30 points or 0.79% to the level of Rp3,810 at the close of the first trading session on Thursday (6/27/2019).

    In the field of construction, PT Nusa Raya Cipta Tbk. also part of the SRTG portfolio. NRCA-coded company shares closed up 2 points or 0.52% to Rp390 at the close of the first trading session on Thursday (6/27/2019).

    In addition, SRTG is also listed as having a portfolio in the vehicle trade issuer PT Mitra Pinasthika Mustika Tbk. Opened 5 points higher to Rp. 895, the movement of shares of the issuer coded MPMX closed stagnant at the level of Rp. 890 in the first session of trading, Thursday (06/27/2019).



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