10 Worst Performing Stocks of 2016

25/08/2016 17:28 WIB

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10 Stocks with the Steepest Decline (January 4 - August 24, 2016)

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10 Worst Performing Stocks of 2016

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10 Stocks with the Steepest Decline (January 4 - August 24, 2016)

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Amidst the rise of the Jakarta Composite Index (JCI) throughout 2016, several stocks experienced price declines. PT Eurika Prima Jakarta's stock (LCGP) recorded the steepest fall, plummeting 80.4 percent to Rp 110 per share.

Second was PT Sugih Energy (SUGI), whose share price dropped 73 percent to Rp 114 per share. Similarly, PT Binakarya Jaya Abadi (BIKA) recorded the third-largest price correction, falling 69.2 percent to Rp 595 per share. Poor company fundamentals, including continued losses, led investors to divest from these stocks, resulting in the sharpest price corrections.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."