Investors continued selling shares of state-owned gas distributor Perusahaan Gas Negara (PGAS) on Thursday (July 5) following proposed acquisition of a 51% stake in PT Pertamina Gas (Pertagas), a unit of state-owned energy producer PT Pertamina. PGAS fell 5.3% yesterday to Rp1,525 per share. It has fallen 23.6% this month and fell 12.8% year to date. The stock reached its peak at Rp2,690 in Jan 24.To subscribe please click here
