Shares of Kirana Megatara (KMTR), one of the largest natural rubber processing companies in Indonesia, fell 18.32% last Thursday (June 22) on profit taking by some investors after the stock gaining more than 100% in the trading debut on Indonesia Stock Exchange (IDX). Started out its trading on IDX at initial public offering (IPO) price of Rp458, the stock then jumped to Rp1,000 on the trading debut. To subscribe please click here
