InfoSAWIT, JAKARTA – The share market of Asia-Pacific, Thursday (4/5/2023), got decreasing after United States Federal Reserve escalated interest rate - 25 points just like many share analysts predicted. As the result, fund interest rate in United States Federal would be about 5% - 5,25%, which is the highest level since August 2007.

The increasing The Fed interest rate, based on what InfoSAWIT watched, also influenced the decreasing Indeks Harga Saham Gabungan (IHSG) yesterday. On Wednesday (3/5/2023) trade, IHSG was getting cheaper 50 point (0,74%) to be 6.812.

The same things happened for many palm oil plantation companies. Some got decreasing share selling price.

Just like PT Astra Agro Lestari Tbk, The palm oil plantation company within its code AALI, got decreasing share selling price up to 42,80%

InfoSAWIT also noticed, AALI got decreasing share selling price since five years ago, precisely on 2 May 2018, per share was only Rp 12.550.

The share of AALI, on Thursday (4/5/2023) got cheaper up to Rp 7.550 per share.

Compared to its share five years ago, the price was corrected up to 42,80%. (T1)