JAKARTA – The Indonesia Stock Exchange (IDX) has resumed trading of PT Jakarta Setiabudi Internasional Tbk (JSPT) after the stock was suspended on January 23, 2025.

“Thus, JSPT shares are now trading again in the Regular and Cash Market starting from the first trading session on Monday (24/2),” wrote IDX in an official statement on Friday (21/2).

This is not the first time JSPT shares have been suspended. Throughout 2024, IDX temporarily halted the trading of these shares three times, in October, November, and December.

Additionally, JSPT shares were given an Unusual Market Activity (UMA) status due to abnormal price movements.

Following the suspension lift, JSPT shares dropped 10% to IDR 19,125 per share during the first trading session on Monday (24/2). At the market opening, the shares were still trading at IDR 21,250 per share.

Meanwhile, over the past year, JSPT shares surged 1,332.58% from IDR 1,335 per share on 27 February 2024. (DK/KR/ZH)