🟢 BUVA.JK is trading 5.8% up today on rights issue plans and persistent foreign accumulation

BUVA.JK is trading 5.8% up today at IDR 735 following news of a sizeable rights issue and continued foreign accumulation.

• PT Bukit Uluwatu Villa Tbk shares previously surged 9.24% intraday as investors reacted to the capital-raising plan and improving fundamentals.
• Persistent and aggressive foreign buying has been observed even during recent market corrections, suggesting strong speculative interest and positioning for a continued rebound.