Performance Pressured by Global Price Decline, Check Analyst Recommendations

June 25, 2024, 10.45 PM  | Reporter: Muhammad Musa
Performance Pressured by Global Price Decline, Check Analyst Recommendations

ILUSTRASI. Sebuah kapal tongkang bermuatan batu bara berlayar di Perairan Kabupaten Bengkayang, Kalimantan Barat, Senin (24/6/2024). Kementerian ESDM menetapkan harga batu bara acuan (HBA) naik ke level 123 dolar AS per ton untuk Juni 2024 atau naik 7,84 persen, dibandingkan dengan bulan sebelumnya yaitu 114,06 dolar AS per ton pada Mei 2024. ANTARA FOTO/Jessica Wuysang

NEW YORK, NY - STOCK RECOMMENDATION-JAKARTA. Global coal prices have experienced a downturn, impacting the share prices of coal issuers which have also been corrected. At the close of trading on Monday (24/6), coal prices fell 0.45% to a level of US$ 131.90 per ton, and have decreased by 7.96% within a month.

According to RTI on Tuesday (25/6), ADMR shares fell 0.76% to Rp 1.310 per share, and have decreased by 3.68% throughout 2024. ADRO shares fell 0.37% to Rp 2.710 per share but increased 1.88% YTD.

Thanks for reading Kontan English.
Please create account or log in.

Only Rp5,000 to continue reading.

BUY NOW!
Editor: Syamsul Azhar
Latest News