Perdana Bangun Pusaka is trading at IDR 1,680, down 6.93%, amid reported selling following a November 2 index-policy change affecting high-shareholding-concentration (HSC) stocks.

  • Perdana Bangun Pusaka is on the HSC list; the stocks were removed from the Jakarta Composite Index.
  • Price context shows a further decline on November 3 after a steep recent run-up, including a 24.76% gain on October 30.
  • No separate company announcement explaining the move was identified.