Nusantara Hijau Investama is trading at IDR 308.00, down 9.94%; no verified company announcement or clearly established catalyst directly explains the November 4 decline.
- Recent coverage discusses a proposed US$463 million rights issue to fund nickel acquisitions, but does not link it to this price move.
- Supplied sector data shows materials weakness, but does not establish it as the cause of the stock’s decline.