Shares of telco infrastructure company Mora Telematika Indonesia (MORA) or popular as Moratelindo ended lower by 1.72% to Rp570 on Monday (August 15), trading at market capitalization of Rp13.48 trillion. Still, MORA has gained 44% from its IPO price. Moratelindo kicked off trading on Indonesia Stock Exchange (IDX) on August 8, 2022 with capitalization of Rp9.36 trillion.
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