PT Bukit Uluwatu Villa Tbk (BUVA) shares fell on May 21, 2026. The stock dropped 13.50% during the session. Shares reached a price of Rp 705. This decline mirrored a sharp downturn in the Jakarta Composite Index (IHSG).
The sell-off triggered the Auto Reject Bawah (ARB) limit on the Indonesia Stock Exchange. BUVA was among dozens of stocks to hit the lower trading threshold.
The company issued no specific corporate announcements to explain the movement. Widespread panic selling across the broader market drove the price action.