News of Extended Emergency PPKM Makes Property Stocks Fall
The majority of property issuers tend to fall into the red zone in the first session of trading. The decline in property share prices occurred when the government began to discuss the extension of the Emergency Community Activity Restrictions (PPKM), which was completed.
In fact, at almost the same time the government will extend the VAT discount (Value Added Tax) for the property sector until the end of this year. Following are the movements of property stocks in session I of Ciputra Development (CTRA), -3.66%, to Rp. 920, transactions of Rp. 10 M PP Properti (PPRO), -2.78%, to Rp. 70, transactions of Rp. 3 M. Bumi Benowo Sukses Sejahtera (BBSS), -1.96%, to Rp 50, transaction Rp. 598 million Summarecon Agung (SMRA), -1.82%, to Rp. 810, transaction to Rp. 5 M Sentul City (BKSL), -1, 82%, to IDR 54, transaction IDR 7 billion Bumi Serpong Damai (BSDE), 0.00%, to IDR 930, transaction IDR 4 billion
|•SOURCE•| Articles :CNBC | Image :DW |
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