Buying Spree on PGAS Stock Ahead of Window Dressing
Heavy buying spree in PGAS stocks continued through early November 2025, despite the state-owned gas distributor recently reporting a drop in its Q3 earnings.
(Bisnis.Com) 01/01/70 07:00 34199
Bisnis.com, JAKARTA — Big-money investors are piling into shares of PT Perusahaan Gas Negara Tbk. (PGAS), a subsidiary of Pertamina Group, ahead of the year-end window dressing period, even as analysts maintain a conservative stance and the company posts weaker Q3/2025 results.
On the Indonesia Stock Exchange (IDX), PGAS stocks closed 1.70% lower to IDR 1,730 per share on Monday (11/10/2025), though still up 7.45% year-to-date.
#pgas-stock #perusahaan-gas-negara #window-dressing #big-money-investors #indonesia-stock-exchange #pgas-shares #blackrock-inc #institutional-investors #financial-performance #analyst-consensus #net-p