JAKARTA – Indonesia Stock Exchange (IDX) temporarily suspends the trading of shares of three issuers today (4/2).

Yulianto Aji Sadono, Head Division of Transaction Supervision of IDX, claimed that there have been significant cumulative price increases.

“Temporary suspension aims to give enough time for market players to carefully consider their investment decision based on the existing information,” Sadono explained, as quoted Tuesday (4/2).

Suspended shares in question include PT Sawit Sumbermas Sarana Tbk (SSMS) and PT Puri Global Sukses Tbk (PURI). Meanwhile, IDX also suspends PT Solusi Sinergi Digital Tbk (WIFI), starting from morning session today (4/2) until further announcement.

Yesterday (3/2), PURI was closed IDR 382, marking an IDR 72 jump from IDR 308 per share. SSMS was also closed at IDR 2,220, up IDR 190 from IDR 2,030, while WIFI surged IDR 170 to IDR 1,395 at closing bell from IDR 1,225. (LK/ZH)