JAKARTA - Even though it has been confirmed that BCA's stock split plan will only be considered next year, investors still swarm BCA shares.
As of 14.28 Western Indonesia Time (WIB), BCA shares topped the list of most collected shares, with net buying record reaching Rp 119.2 billion. As a result, the price of BCA shares also rose by 0.24% to Rp 30,950 per share.
In fact, in the early minutes of the first trading session, the price of BCA shares rose significantly to the level of Rp 31,025 per share. 5.63 million BCA shares were traded with a frequency of 3,501 transactions and total transaction value of Rp 174.22 billion.
Regarding the stock split plan, President Director of BCA, Jahja Setiaatmadja, ensured that the corporate action will not be realized this year. The company will only consider the plan in 2020.
Jahja believes that at this time, the price of BCA shares is still good, so that more consideration is needed if BCA chooses to execute the plan.
Although the stock split plan is still uncertain, the discourse received a positive response from market participants. This is evident through the movement of BCA's shares today, where BCA shares stayed in the green zone. (ARM/AR)