InfoSAWIT, JAKARTA – Shares of palm oil plantation companies listed on the Indonesia Stock Exchange (IDX) showed a generally weakening trend in the latest trading session, with several issuers recording price corrections.
Based on InfoSAWIT’s monitoring of Google Finance data on Friday (March 13, 2026), shares of PT Sinar Mas Agro Resources and Technology Tbk (SMAR) posted one of the steepest declines, falling Rp150 or about 2.75% to Rp5,300 per share.
Shares of PT Sumber Tani Agung Resources Tbk (STAA) also dropped Rp35 or about 2.79% to Rp1,220 per share.
Meanwhile:
PT Teladan Prima Agro Tbk (TLDN) slipped Rp15 or 2.33% to Rp630 per share
PT Triputra Agro Persada Tbk (TAPG) fell Rp25 or about 1.45% to Rp1,700 per share
Some Stocks Remain Stable
Despite the downward pressure, several plantation stocks showed relatively stable performance.
Shares of PT Astra Agro Lestari Tbk (AALI) remained unchanged at Rp7,250 per share during the latest trading session.
Other stocks experienced only minor movements:
PT Austindo Nusantara Jaya Tbk (ANJT) slipped 0.98% to Rp1,510 per share
PT Perusahaan Perkebunan London Sumatra Indonesia Tbk (LSIP) declined 0.39% to Rp1,290 per share
PT Salim Ivomas Pratama Tbk (SIMP) fell 0.85% to Rp585 per share
Pulau Subur Records Modest Gain
Amid the overall decline in palm oil stocks, PT Pulau Subur Tbk (PTPS) posted a slight gain of Rp1 or about 0.53% to Rp190 per share.
The mixed movement of plantation stocks reflects ongoing market dynamics influenced by various factors, including global crude palm oil (CPO) price trends, global economic conditions, and investor sentiment toward the commodity sector.
Market participants are expected to continue closely monitoring CPO price developments and global demand trends, which remain key determinants of the near-term performance of plantation sector equities. (T2)
