
Shares of PT Petrosea Tbk (PTRO), owned by conglomerate Prajogo Pangestu, surged strongly in the first trading session on Thursday (September 18, 2025). At 09:16 WIB, PTRO was traded at IDR 4,880, up 8.69%, and even touched an all-time high of IDR 4,910.
Since September 10, 2025, PTRO stock has continued to rise, jumping around 30% in the past week. Interestingly, this rally happened despite a significant drop in the number of investors.
Based on the August 2025 shareholder registration report, PTRO had 45,613 investors as of August 31, down by 6,501 from the previous month’s 52,114.
Earlier, on August 21, 2025, Galeri Saham highlighted that PTRO was testing a crucial resistance level at 4,330. If this resistance is broken and sustained, the stock has potential to climb higher with minor targets at 5,075 and a major target at 6,050.