JAKARTA. The price of PT Intiland Development Tbk (DILD) shares has increased by 36.36% since the beginning of the year. The price was at its highest level on 30 July (Rp 466 per share). However, the price reached a new rally in the last three months with a 25% increase.
Commissioner of DILD, Ping Handayani Hanli seems to use the good price position to realize the potential gain by releasing 220 million shares, at a premium price of Rp 500 per share.
With minimal issues, DILD shares began to increase since 18 June. At that time Intiland's share price rose by 8.6% in one day to Rp 352 per share. In the following day's trading, the price of DILD shares again surged by 13.07% to Rp 398 per share. Intiland's stock price (DILD) was recorded at the highest position so far this year on 30 July. At that time, DILD's share price touched Rp 466 per share even though it closed at Rp 452 per share.
In the last three months until the end of trading on Wednesday (7/8), the price of Intiland (DILD) shares has gone up by 25%. If calculated since the beginning of the year, Intiland (DILD) share price has risen by 36.36%. (AM/AR)