Nusantara Hijau Investama is trading 9.46% up now at IDR 324 amid speculative buying linked to market rumors about a potential BYAN acquisition.
- Indonesian coverage linked the broader rally in Haji Isam-related stocks to the rumors; the company rose 5.41% to Rp312 during the August 18 session.
- Foreign investors recorded net buying of Rp141.6 billion in the stock.
- No confirmed company-specific announcement dated August 19 was identified; the move appears mainly speculative and sector-linked.