Suspended for two weeks, POLU shares fell 9.95% in first session

JAKARTA – Shares of PT Golden Flower Tbk (POLU) plunged 9.95% ahead of the close of the first session on Tuesday (11/3) afternoon. Today, POLU's shares were reopened for trading after being suspended by the capital market authority for two weeks since February 24.
During trading, POLU shares fell by IDR 430 to IDR 3,890 per share. The opening price was IDR 4,310, which also marked the highest price of the session, with the lowest recorded at IDR 3,890 per share.
In an official disclosure quoted on Tuesday (11/3), Yulianto Aji Sadono, Head of Transaction Supervision Division at Indonesia Stock Exchange (IDX), announced that based on the exchange's assessment, the suspension of POLU shares on the regular and cash markets was lifted starting from the first session.
On February 21, the IDX announced the suspension of POLU's trading. At the close of transactions on that day, POLU's shares increased by IDR 860 to IDR 4,320 per share, with a trading volume of 383,100 shares across 661 transactions, totalling IDR 1.61 billion. (LK/LM/ZH)