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Gajah Tunggal Tire Manufacturer Continues to Attract Investors Despite Share Decline: GJTL Update 2023

Bisnis.com, JAKARTA — Tire manufacturer PT Gajah Tunggal Tbk. is still being targeted by a number of investors even though Lo Kheng Hong claims to have partially reduced his ownership in shares GJTL.

GJTL’s share movement report has been in a negative trend in the last 3 months. Throughout that period, the dowry per share experienced a correction of 9.20 percent to the level of IDR 740 until the end of the first session Tuesday (3/10/2023).

Nevertheless, GJTL shares still recorded positive returns for the current period 2023. The price movement of one of Lo Kheng Hong’s portfolios has strengthened 32.14 percent year-to-date (ytd).

Editor: M. Nurhadi Pratomo

2023-10-03 06:00:00
#diligent #buying #GJTL #shares #Kheng #Hong #selling

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