The share price of PT Taisho Pharmaceutical Tbk on Wednesday, August 24, 2016, was recorded at Rp 413,750 per share. This is the highest share price ever transacted on the Indonesia Stock Exchange. In reality, this stock, with the code SQBI, is rarely traded, meaning it lacks liquidity. Besides the small number of shares listed on the exchange—only 972,000 shares—transactions are also only conducted by specific parties.
Two blue-chip stocks, PT Gudang Garam Tbk and PT Unilever Indonesia Tbk, occupied the second and third positions for the highest-priced issuers on the Jakarta Stock Exchange. Several other blue-chip stocks, such as PT Indocement Tunggal Prakarsa Tbk (INTP), PT United Tractors Tbk (UNTR), PT Astra Agro Lestari Tbk (AALI), and PT Bank Central Asia Tbk (BBCA), are also among the most expensive shares.
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