🔴 BUVA.JK is trading 10.4% down today on heavy profit-taking and a broader risk-off tone

BUVA.JK is trading 10.4% down at IDR 730 as heavy profit-taking and a broader risk-off tone extend a multi-day selloff.

• The decline follows a rapid climb to IDR 1,075 on May 12, with investors now moving to lock in gains and reduce exposure.
• The price action appears primarily technical in nature, as there have been no fresh company announcements to trigger the move.