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Indonesian company becomes world's biggest stock with 1,600% gain

Shortpedia

Content Team
Image Credit: equitypandit

This year has been a tough one for companies around the world. Supply chain issues, a war in Ukraine, rising interest rates, and recession fears have brought many share prices down. Amid all this, a company's stocks grew by a whopping 1,595%, to become the best-performing stock in 2022. The firm in question is a mining company from Indonesia called PT Adaro Minerals Indonesia.