JAKARTA. The price of the shares of PT Ramayana Lestari Sentosa Tbk (RALS) increases, after the retail company announced plans to open a number of new stores in 2019.
During the trading in mid-December (14/12), the price of RALS shares was Rp 1,365 per share. As of today, the price of RALS shares rose by 16.11% to Rp 1,585 per share at 14.02 WIB this afternoon.
Meanwhile, the stock price of PT Hero Supermarket Tbk (HERO) in the past month did not show a significant increase. The price of HERO shares in mid-December was at the level of Rp 815 per share, and Rp 845 per share at 15.09 WIB this afternoon.
Previously, Ramayana announced that it would open 5 new stores this year, while HERO just closed 26 retail outlets and laid off hundreds of employees. (KR/AR)