InfoSAWIT, JAKARA – The viral news about shares in Wall Street, United States of America because of the technology progress - Internet of Things (IoT) and many opinions about artificial intelligence, such as, ChatGPT that fast develops until this week, Bursa Efek Indonesia (BEI) responded that there is no sudden market issues at all.

The trade in BEI from Monday to Friday (8 - 12 May 2023) kept delivering big profits for many palm oil plantation companies in Indonesia. Their shares still became the targets for investors by observing many aspects about the corporates in BEI.

What Editorial of InfoSAWIT noticed, top palm oil planation companies’ shares still got the big profits in the future, such as, SMAR or PT Sinar Mas Agro Resources & Technology Tbk that got profits up to 2,26% on 8 - 12 May 2023 or until the trade was closed yesterday.

Besides, new palm oil plantation company, NSSS or PT Nusantara Sawit Sejahtera Tbk., got the big profits on Friday (12/5) afternoon.  In a week, NSSS got profits up to 3,70%, surpassed other palm oil companies.

Besides NSSS and SMAR, a week profit was got by ANJT or PT Austindo Nusantara Jaya Tbk.. It was informed, the lucky investor - Lo Kheng Hong as the big public shareholder, based on the annual report of the company which was published before, encouraged many other investors to have shares in ANJT.

The good news in this week derived from the shares of SIMP or Salim Ivomas Pratama Tbk and LSIP or PT Perusahaan Perkebunan London Sumatera. The two companies belong to siblings of Sudono Salim, one wealthiest man in Indonesia.

Many investors paid attention to the companies’ performances in BEI every day.

The first quarter performance which was published in March to April 2023 became one indicator of share investors. As public investors they also concerned about the corporate social actions of the companies to social and environmental issues around the companies operational.

The progress of artificial intelligence in IoT at Wall Street could shock share trade in Indonesia next week. Though palm oil plantation business is minimal to use internet technology, the progress of IoT would deliver impact to the future palm oil business. (T1)

Disclaimer: This article is a qualified reference only, does not take or influence someone’s decision to invest. The writer is not in charge in every action to invest.