Bukit Uluwatu Villa is trading at IDR 378, up 20.38%, with no clear catalyst identified.

  • The sharp rebound follows several consecutive declines, from IDR 520 on October 14 to IDR 314 on October 22.
  • A report said 58.19 million rights-issue shares were scheduled for issuance on October 26, while 1.87 billion rights remained unexercised. Coverage did not link the issuance to the rally.