MD Entertainment is trading 6.3% down at IDR 1,125 as broader risk-off sentiment and geopolitical tensions weigh on growth-oriented and consumer sectors.
- The stock has extended a sharp multi-day slide from its IDR 1,570 level recorded on July 15.
- No company-specific news or earnings releases have been reported to justify the move, suggesting the decline is macro-driven.
- Recent weakness in discretionary sectors and higher oil prices are contributing to the downward pressure on entertainment names.