InfoSAWIT, JAKARTA – Shares of several listed palm oil plantation companies traded mixed on Friday afternoon, with a number of stocks posting notable gains amid continued positive sentiment across Asian markets.

Based on InfoSAWIT monitoring of Google Finance trading data on Friday afternoon (22/5/2026), shares of PT Triputra Agro Persada Tbk (TAPG) emerged among the top gainers, surging 7.64% to Rp1,620 per share.

Alongside TAPG, PT Sinar Mas Agro Resources and Technology Tbk (SMAR) recorded a strong increase of 6.03%, closing at Rp5,100 per share. Meanwhile, PT Salim Ivomas Pratama Tbk (SIMP) also posted gains, rising 4.67% to Rp560 per share.

However, not all palm oil stocks ended in positive territory. Shares of PT Sampoerna Agro Tbk (SGRO) slipped 2.06% to Rp2,850 per share, while PT Sumber Tani Agung Resources Tbk (STAA) declined 1.91% to Rp1,025 per share.

The rally in selected plantation stocks came as Asian markets maintained a generally upbeat tone. According to Google Finance’s regional market summary, Japan’s Nikkei 225 index reached a fresh record high, helping lift sentiment across regional equities.

Market participants said plantation-sector stocks continue to be influenced by several key factors, including crude palm oil (CPO) price prospects, rupiah exchange rate movements, and expectations for export demand from global markets.

Investors are also closely monitoring the financial performance of palm oil companies, which is expected to remain resilient amid relatively stable plantation commodity prices.

Market analysts noted that CPO-linked stocks continue to attract investor interest, particularly among those seeking companies with solid fundamentals and stable dividend prospects despite ongoing volatility in global markets. (T2)