JAKARTA - PT Remala Abadi Tbk (DATA) saw slippage in shares at the morning session, Friday (24/1). Yesterday (23/1), Indonesia Stock Exchange temporarily suspended DATA’s trading session due to significant jump in cumulative price.

Monitoring the board this morning, DATA saw 12% decrease until 10.09 AM WIB from the morning bell at 9 AM. Five minutes later, it slumped to IDR 1,435 from IDR 1,910, before gaining strides to IDR 1,685 at 10.07 AM WIB.

Prior to this, Yulianto Aji Sadono, Head of Transaction Supervision Division at Indonesia Stock Exchange (IDX), explained that temporary suspension on DATA’s shares served as a cooling-down session to protect investors. (LK/ZH)