🔴 Nusantara Hijau Investama is trading 8.59% down — cause remains unclear

Nusantara Hijau Investama is trading 8.59% lower at IDR 362.00 on October 28, 2026; the cause of the decline remains unclear.

• The stock gained 9.78% on October 23 and 1.98% on October 26, before falling 3.88% on October 27.
• Recent coverage has focused on a proposed rights issue of up to US$463 million to fund nickel acquisitions, but this does not establish the reason for the current drop.
• No trading volume was provided for October 28.