🔴 DEWA.JK is trading 3.1% down today as profit-taking extends multi-day correction

DEWA.JK is trading 3.1% down today at IDR 376 as profit-taking and cooling sentiment drive a multi-day correction.

• The stock has declined for three straight sessions, representing a sharp pullback from its recent peak of IDR 484.
• With no fresh company-specific news or sector shocks, the move is viewed as a technical correction following a strong performance over the past year.
• The downward trend suggests a cooling of investor sentiment as the market absorbs previous gains.