Shares of cellular phone operator XL Axiata (EXCL) gained 0.84% to Rp2,400 a share on Monday (May 11) as investors welcomed the Company’s positive earnings in the first quarter (Q1) of 2020. At the current price, XL has a market capitalization of Rp25.65 trillion. The stock regained 70% from its lowest at Rp1,410 on March 19, 2020, but is still falling 25% year to date. 

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