DIGIVESTASI - PT Bukalapak.com Tbk (BUKA) shares jumped sharply at the beginning of the trading session on October 7, 2024. At 09:34 WIB, Bukalapak shares were recorded at Rp 138, up 20%. The stock was traded with a volume of 712.5 million shares, a frequency of 7,694 times, and a transaction value of Rp 91.06 billion. The revival of Bukalapak shares occurred after previously throughout last week the majority experienced a decline.

In the last trade, Friday, October 4, 2024, BUKA shares closed 0.86% lower at Rp 115. However, this stock turned out to be quite widely accumulated by investors. Broker Mirae Asset Sekuritas Indonesia recorded a net buy of BUKA shares worth Rp 25.6 billion in the trade.

Resignation of Bukalapak Director
On the other hand, Bukalapak's Director, Teddy Nuryanto Oetomo, submitted his resignation. Bukalapak Corporate Secretary, Cut Fika Lutfi, in the disclosure of information stated that the company had received Teddy's resignation letter on September 30, 2024.

Related to this, the Indonesia Stock Exchange (IDX) requested further explanation regarding the background of the resignation. Cut Fika explained that the decision was made by Teddy based on personal considerations after serving for six years at the company.

The IDX also questioned whether there was any change in Bukalapak's strategy after Teddy's resignation. Cut Fika confirmed that there is no change in strategy, and the company will remain focused on its four main business segments to achieve sustainable growth and profit.

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