JAKARTA – Indonesia Stock Exchange (IDX) temporarily suspended transactions of  PT Diamond Food Indonesia Tbk (DMND) as of yesterday (8/1). Apparently, within the past three months, its daily average transaction volume only reached below 10 thousand shares.

Based on IDX data, DMND is listed under special monitoring list following low liquidity with listed criteria of daily average transaction value below IDR 5 million and daily average transaction volume of less than 10 thousand shares within the past three months, both in regular or regular periodic call auction markets.

On October 8, 2024, DMND’s share price arrived at IDR 790 each, with zero transaction value. A month ago, on November 8, 2024, transaction volume reached only 100 shares, with closing price reported at IDR 785 and transaction volume of 3,800 shares.

Then, on December 9, 2024, the price dropped to IDR 765, before rising back up to IDR 795 per share on January 8, 2025. (LK/ZH)