• Cakra Buana Energi is trading 5.3% up today at IDR 800, extending a sharp recent rally from IDR 690.
  • The rally is driven by positive sentiment surrounding the ongoing rights issue and investor interest, including visits to the company's Hai Long vessel, which is preparing to support the strategic Hidayah Project.
  • Market participants are closely watching the rights issue developments and the realization of strategic projects as key catalysts for the stock's movement.