BUVA.JK is trading 3.8% down at IDR 765 following a sharp multi-day slide from its June 23 level of IDR 930.

  • The decline is attributed to ongoing selling pressure linked to prior divestment by controlling shareholders.
  • Broader weakness across Indonesian small-cap stocks is contributing to the downward momentum.
  • No fresh company-specific announcements were released today to account for the price action.