Personel Alih Daya is trading 14.78% down at IDR 196, amid selling pressure after a sharp monthly advance.
- Recent coverage warned of selling pressure as shares reached IDR 240 on August 18 during a highly volatile run.
- The broader Indonesian market weakened on August 26, with the IHSG closing 1.48% lower; no fresh company-specific catalyst was identified.
- The latest announcement was an IDR 5 billion Hibank facility for fiber-optic cable work, disclosed August 18, and does not explain today’s drop.