Shares of PT Pan Brothers Tbk (PBRX) are again entrenched in leading the ranks of top gainers, while shares of PT Panin Financial Tbk (PNLF) led the ranks of top losers in the first trading session this afternoon, Friday (4/11/2022) amid the weakening of the benchmark index. Homeland. The Composite Stock Price Index (JCI) closed down 0.76%, or 53.64 points, to 6,980.94 at the close of trading session I, market participants were worried after the United States central bank (The Fed) indicated that interest rates could be higher which would lead to higher interest rates. triggering a recession made market sentiment worse.

The trading value fell to Rp 6.28 trillion, involving more than 13 billion shares that changed hands 742 times.

Meanwhile, the majority of stocks this afternoon observed a decline. Trading statistics recorded that there were 347 stocks that fell and 159 stocks that rose, and the remaining 170 stocks were stagnant.

In the midst of the JCI landslide this afternoon, there were 5 stocks that appeared to be among the top gainers and 5 stocks that were hit by a significant sell-off and became the top losers.

Here are the top five gainers in the first trading session this afternoon, Friday (4/11/2022).

  1. PT Pan Brothers Tbk (PBRX), up +21.82%, to Rp 134/unit
  2. PT Pelangi Indah Canindo Tbk (PICO), up +16.33%, to Rp 456/unit
  3. PT Bangun Karya Perkasa Jaya Tbk (KRYA), up +14.38%, to Rp 350/unit
  4. PT Pratama Abadi Nusa Industri Tbk (PANI), up +13.13%, to Rp 1,120/unit
  5. PT Matahari Putra Prima Tbk (MPPA), up +9.7%, to Rp 147/unit

 

Pan Brothers Tbk (PBRX) shares led the row of top gainers in the first trading session this afternoon with a transaction value of Rp 109.68 billion with a traded volume of 872.17 million shares.

In today's intraday trading, PRBX's share price moved in the range of Rp 107-142/unit. Until the afternoon break, PRBX's stock market capitalization value reached Rp 868.09 trillion.

If you look at trading data from October 31 to Thursday (3/11/2022), PBRX's shares have been recorded to have turned green 3 times, and only 1 time they were red. With this PRBX shares have increased to reach 71.79% a week and up 41.05% in the last month.

Today is the second day that PBRX shares lead the ranks of the most popular stocks. However, it is not yet known what caused PBRX's stock price to skyrocket in the first trading session today. However, from its financial performance in the third quarter of 2022, PBRX's sales and net profit declined again.

PBRX sales in the third quarter of 2022 reached US$ 501.9 million or around Rp. 7.85 trillion (assuming an exchange rate of Rp. 15,660/US$), down 1.15% compared to the same period last year of US$ 507.8 million.

The export sales segment dominated PBRX's sales, amounting to US$ 472.8 million. Meanwhile, PBRX's local sales were valued at US$ 29.4 million.

In its financial report, PBRX stated that there were two buyers with total sales exceeding 10 percent, namely Adidas Sourcing Ltd at US$ 91.4 million, and Uniqlo at US$ 62.1 million.

Meanwhile, PBRX's net profit as of September 30, 2022 reached US$ 12.8 million or equivalent to Rp. 200.45 billion, down 32.3 percent from the period of September 30, 2021, which was US$ 19 million.