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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Selling pressure on Waskita eases

  • Anton Hermansyah

    The Jakarta Post

Jakarta | Thu, September 14 2017 | 12:57 am

PREMIUM The sell-off of shares in state-owned construction firm PT Waskita Karya, which followed the company’s announcement on Tuesday that it had failed to divest ownership of 10 toll-road sections, eased on Wednesday.

Waskita saw its share price fall by 2.12 percent on Wednesday, compared with an 11.27 percent plunge on Tuesday. Its subsidiary, PT Waskita Beton Precast also fell by 1 percent on...