BUVA.JK is trading 4.4% up today at $840 as the stock stages a technical bounce following a multi-day slide tied to shareholder divestment.
- The recovery comes as selling pressure linked to previous controlling-shareholder exits appears to be easing.
- The stock had previously faced downward pressure from broader weakness across Indonesian small-cap equities.
- The move is viewed as a technical correction rather than a reaction to fresh company-specific news or macro headlines.