5/15/2017

MNC stock catapulted following KPI reprimand


MNC stock fell down 50 points in todays closing trade following sanction of KPI indonesian broadcasting commission. All MNC channels which are RCTI, GLOBAL, MNC,INEWS are remimded by KPI to publish pro public news not for the sake of certain people or group only.

All these 4 tv channels are cognized to always releasing the interest of perindo party ads which is owned by MNC chairman harry tanoe soedibjo.

In today market capital stock, MNC fell down 2.48 percent to Rp 1.970 per share. The weakening of MNC share is in contrast of stock index price movement which closed higher 22 points.

KPI reprimanded MNC to follow guidelines and standards on broadcasting. If ever such violation,KPI will send revocation to ministry of communication for MNC group.