This week, investors opted to buy cigarette stocks in line with the 13.77% price hikes. But the gain was limited as the government also raised the cigarette tax rate by 12%. On Thursday (January 6), Gudang Garam (GRM) fell 1.44% to close at Rp30,900 after gaining Rp31,600 the previous day. GGRM’s market capitalization reached Rp59.45 trillion.To subscribe please click here