🔴 Prodia Diagnostic Line is trading 5% down

Prodia Diagnostic Line is trading at IDR 190.00, down 5.00%; no clear company-specific announcement explaining the September 28 move was found.

• A September 24 report said the company reallocated about IDR 2.5 billion of IPO proceeds to production-room equipment, but did not link the change to the share-price decline.
• Indonesia’s benchmark index opened lower on September 28, but its reported decline was modest and does not establish a cause for the stock’s sharper move.