Antam is trading at IDR 2,400, with a -6.98% change, amid company-specific concerns that may have weighed on sentiment.
- A November 4 report said Maybank and UBS cut their price targets while keeping buy ratings; BRI Danareksa raised its target.
- The report cited weaker gold sales, possible domestic-margin pressure and nickel-ore sales constraints, but did not establish them as the direct cause of the decline.
- Trading volume was 159,582,900 shares on November 3.