Shares of Indosat (ISAT), second largest telecommunication carrier, declined 2.13% to Rp2760 Thursday. The stock has been volatile this year, rallying from Rp1685 in early January to as high as Rp3,750 in mid February only to retreat back to Rp1710 by mid May. Since then, the stock has regained grounds to Rp2,760 yesterday as investors anticipate significant proceeds from divestment of its towers.To subscribe please click here
